Latest news with #PCBDDA
Business Recorder
25-07-2025
- Business
- Business Recorder
Digital balloting ceremony for CBD Walk held
LAHORE: The Punjab Central Business District Development Authority (PCBDDA), also known as CBD Punjab, has successfully concluded a groundbreaking digital balloting ceremony for CBD Walk, an exclusive commercial jewel nestled in the prestigious CBD Quaid District, near CBD Lake, Gulberg, Lahore. The balloting event held by using cutting-edge digital technology to ensure complete transparency, fairness, and rock-solid investor confidence. The ceremony drew an impressive gathering of stakeholders, distinguished senior officials, and prominent media representatives, all witnessing this pivotal moment in Lahore's commercial evolution. CBD Walk showcases 16 meticulously planned 4-Marla premium commercial units, featuring 8 coveted lake-facing properties and 8 scenic park-facing spaces; all developed using the innovative Shell & Core model. This forward-thinking approach empowers investors with complete creative freedom to craft bespoke interiors that perfectly align with their unique brand vision and customer experience goals. Strategically positioned beside a breathtaking two-acre lake, CBD Walk is destined to become Lahore's premier destination for sophisticated retail experiences and world-class dining adventures. The ceremony featured the dynamic leadership team of CBD Punjab, including Executive Director Technical Riaz Hussain, Executive Director Finance Ali Nazeer Malik, Executive Director Barrister Bilal Khokhar, Director Business Development & Investment Relations Ali Waqar Shah, and Director Marketing Waseem Siddique, whose collective expertise ensured the event's flawless execution and remarkable success. Copyright Business Recorder, 2025
Business Recorder
02-05-2025
- Business
- Business Recorder
CBD Punjab launches special video to honour labour workforce
LAHORE: The Punjab Central Business District Development Authority (PCBDDA), also known as CBD Punjab, launched a special video on Labour Day. This initiative is a tribute to the dedicated individuals who drive the authority's visionary projects. At CBD Punjab, progress thrives on collaboration. The Authority 's dedicated staff works closely with a local labour force to successfully execute complex and transformative infrastructure projects. This collective effort has enabled CBD Punjab to overcome longstanding civic challenges. Key achievements include the revitalization of Walton Road and the permanent resolution of the ADA Nallah issue once symbols of urban decay, now symbols of urban renewal. CEO CBD Punjab, Imran Amin, emphasized, 'Our infrastructure isn't merely steel and concrete it embodies the determination, unity and hard work of those who bring it to life. Thanks to the unwavering commitment of our team and local labourers, hum hain Sar Buland. Their tireless efforts continue to shape a progressive future for Punjab.' The video, unveiled today, serves as a visual tribute to those who work with dignity, discipline, and pride. It will be accessible on CBD Punjab's digital platforms. Copyright Business Recorder, 2025
Express Tribune
28-04-2025
- Business
- Express Tribune
CBD opens Rs12b tenders for IT City
The Punjab Central Business District Development Authority (PCBDDA), commonly known as CBD Punjab, has opened tenders worth Rs12 billion for the development of the Nawaz Sharif IT City (NSITC) - a landmark infrastructure initiative aimed at accelerating Punjab's digital economy. To fast-track the construction process, the project has been divided into three packages. Following the earlier evaluation of technical bids, the PCBDDA on Monday opened the financial proposals for all segments. Maaksons Construction Company submitted the lowest bid of Rs4 billion for Package One. Habib Construction Services offered the lowest bid of Rs3.6 billion for Package II, while Package Three saw a joint lowest bid of Rs3.9 billion from Habib Construction Services and IKAN Engineering Services. The authority has now started the financial evaluation process, after which contracts will be formally awarded to the successful bidders. Punjab Chief Minister Maryam Nawaz has described the NSITC as Pakistan's first project of its kind. She stated that the twin towers planned within the IT City, along with a "plug and play" call centre hub, are expected to be completed within the year. The hub is designed to offer IT education and employment opportunities to young people across the province.
