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Dar asks CDA to develop housing sector for overseas Pakistanis

ISLAMABAD: Finance Minister Ishaq Dar on Friday asked Capital Development Authority (CDA) to develop housing sector for overseas Pakistanis to provide them profitable, safe and secure investment and residential opportunities.

“Overseas Pakistanis are keen to take advantage of investment opportunities in the country and the government would facilitate them in this regard,” he said while chairing a meeting with senior officials of the CDA to put in their best for development of the federal capital.

The minister highlighted that due to the visible and internationally-recognized economic progress achieved by the country, foreign investors are also showing strong and tangible interest in investment opportunities in Pakistan, including in the real estate sector.

Chairman CDA briefed the minister about the ongoing development programmes of CDA. The meeting was informed that CDA was making all out efforts to make Islamabad a modern metropolis. He also informed Dar about the arrangements in place for maintenance and upkeep of the capital.

The minister said that the government would fully support CDA in its efforts to develop Islamabad into a model capital, with all basic amenities and facilities for its citizens.

He also gave approval for payment of salary to the daily wages teachers of Federal Directorate of Education. The salary was pending for the last five months.

Minister for Capital Administration and Development Division Tariq Fazal Chaudhary asked the concerned authorities to forward the case to the ministry at the earliest.



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