RUDA to showcase Pakistan’s largest theme park project in Dubai Expo, PM told

122 RUDA to showcase Pakistan’s

ISLAMABAD, (APP): Prime Minister Imran Khan was on Thursday briefed about the plan of Ravi Urban Development Authority (RUDA) to build Pakistan’s largest theme park in collaboration with IMG Dubai Theme Park.

 RUDA will showcase this theme park project – planned over 2000 Kanals of land on the Ravi riverfront – in the upcoming Dubai Expo 2020 for attracting investment, he was told.

The Prime Minister was chairing a review meeting on RUDA and Central Business District (CBD), Walton.

The meeting was attended by Finance Minister Shaukat Tarin, Minister of State for Information and Broadcasting Farrukh Habib, Special Assistant on Political Communication Dr. Shahbaz Gill, Chairman Naya Pakistan Housing and Development Authority (NAPHDA) Lt. Gen. ® Anwar Ali Haider, and senior officers.

Punjab Local Government Minister Mian Mehmood ur Rasheed, Advocate General Punjab Ahmed Awais, Chief Executive Officer (CEO) RUDA Imran Amin, Advisor to CM Punjab Dr. Salman Shah and other officers concerned from Punjab joined the meeting via video link.

CEO RUDA briefed the Prime Minister about various challenges being faced by RUDA in the smooth execution of its various projects.

These projects include the installation of solar-based renewable power generation plant, the establishment of Special Economic Zones (SEZs) and Special Technology Zones (STZs), launching of ferry operations, the establishment of knowledge Park and Rakh Jhok farms.

The Prime Minister was briefed that all these projects were designed to generate their own revenue streams in order to ensure their sustainability.

The Prime Minister reiterated the importance of both RUDA and CBD for the promotion of smart, self-sustaining, clean, and green housing and business projects in the country.

He directed the authorities concerned to resolve the issues by adopting a proactive strategy so that Pakistan could reap maximum benefits from these modern and sustainable real estate projects by attracting Foreign Direct Investment (FDI).

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