CBD, local govt join forces to identify strategic business hubs
The cooperation has been made on the directives of the Punjab Government, said Chief Operating Officer of CBD Punjab, Brigadier Mansoor Janjua (R). Lauding the collaboration, he said, 'This joint effort underscores our dedication to building a progressive and sustainable urban future for Punjab.
By partnering with the Local Government and PMU, we are working to identify and develop strategic locations that will act as catalysts for regional economic growth. Our focus remains on ensuring that every new CBD is planned with precision, promotes inclusive development, and meets the dynamic needs of our communities.'
This forward-looking collaboration aligns CBD Punjab's future expansion with the province's long-term urban development and land-use planning goals. The CBD Punjab contributes its technical expertise to support the identification of suitable sites for CBDs that meet strategic and economic objectives.
The joint efforts between CBD Punjab, the local government and PMU streamline the urban planning process across the province, ensuring business districts are developed in line with established provincial policies and planning frameworks. Utilizing data-driven insights and coordinated planning, the collaboration sets the foundation for sustainable urban growth, economic progress and the development of modern business hubs.
As part of the collaboration, the CBD Punjab provides expert recommendations and spatial assessments to guide site selection and assess development potential. These activities are conducted in accordance with the PCBDDA Act 2021 and are aligned with the broader planning standards of the province to ensure compliance and effectiveness.
This alliance also enhances transparency, promotes inter-agency coordination and encourages efficient resource sharing. It supports the government of Punjab's vision of creating modern, well-organized and economically vibrant urban centers that foster investment, infrastructure advancement and job creation.
By working in unison, the CBD Punjab and its government partners are laying the groundwork for a transformative urban future one that unlocks opportunities and redefines the economic and spatial development landscape across Punjab.
Copyright Business Recorder, 2025
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Recorder
10 hours ago
- Business Recorder
Make in Pakistan: Message from Malik Javed Iqbal Chairman, PALSP CEO, Karachi Steels
As Chairman, I proudly affirm our industry' commitment to supporting Pakistan's is the backbone of development – poweringinfrastructure, housing and over 45 downstreamindustries. By producing world class quality steellocally, we reduce import dependence, create jobsand strengthen the economy of our we are building a resilient andself-reliant Pakistan. Copyright Business Recorder, 2025
Business Recorder
13 hours ago
- Business Recorder
Planning minister apprises World Bank official about India's ‘water weaponisation' designs
ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal called on the international community to ensure India adheres to the Indus Waters Treaty (IWT). He warned that water weaponisation and violations of the treaty could trigger global food and water crises, posing serious risks to regional stability, adding that such actions can imperil the world peace. The minister shared these views in a meeting with Vice President of the World Bank for the Middle East and North Africa Osman Dione, who called on him in Planning Ministry, Islamabad, on Friday. In the meeting, matters regarding strengthening the collaborative partnership between the World Bank and the Ministry of Planning came under discussion. The minister asserted that adopting an export-led growth model is indispensable for sustainable development. He reaffirmed Pakistan's ambition to increase exports from $32 billion to $100 billion, aiming to boost economic growth and sustainability. During the meeting, the World Bank vice president lauded Professor Ahsan Iqbal's significant contributions towards improving Pakistan's economy. He also highlighted the government's successful efforts in curbing inflation through tough policy measures, which have restored investor confidence and driven the Pakistan Stock Exchange beyond the 130,000-point mark. Professor Iqbal stressed the importance of revitalising the previously established partnership between the ministry and the World Bank to accelerate progress in national development projects. The minister noted that the global economy is transitioning from an industrial-based to a technology-driven model, underscoring the need for Pakistan to adapt accordingly. The minister further underscored the government's commitment to addressing child stunting issue, describing it as a serious national challenge requiring urgent and effective intervention. He added that education remains a priority, with rising enrollment rate of girls in higher education signalling positive progress. Professor Iqbal stressed the pivotal role of women in achieving development goals, affirming the ministry's commitment to fostering women's active participation in all socio-economic initiatives. Copyright Business Recorder, 2025
Business Recorder
14 hours ago
- Business Recorder
Pakistan reaffirms commitment to GSP+
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday underscored the European Union's status as one of Pakistan's foremost trading partners and reaffirmed the government's commitment to the Generalised Scheme of Preferences Plus (GSP+), describing it as a mutually beneficial arrangement. The prime minister, during a meeting with the outgoing Ambassador of the European Union to Pakistan, Dr Riina Kionka – who paid a farewell call as she concluded her diplomatic tenure – acknowledged her contributions to strengthening Pakistan-EU relations. Extending his felicitations to Ambassador Kionka on the successful completion of her assignment, Sharif appreciated her efforts in enhancing Pakistan-EU relations. GSP plus status: EU review puts Pakistan's duty-free export to the test amid reforms push He also acknowledged the European Union's timely assistance during the devastating floods of 2022, and lauded the ambassador's role in mobilising support. The prime minister conveyed his warm regards to the EU President, Ursula von der Leyen, and expressed his desire to meet her in the near future to further deepen bilateral engagement. The Interaction also included discussions on domestic political developments and the broader trajectory of Pakistan-EU relations. Ambassador Kionka expressed her gratitude to the prime minister and the government for the support extended to her during her tenure. She reaffirmed the EU's commitment to advancing its partnership with Pakistan, and stated that she would continue to advocate for strong bilateral ties in her upcoming role in Brussels. Copyright Business Recorder, 2025
