CEO CBD PUNJAB ASSESSES WALTON ROAD UPGRADATION AND CELESTIA IT TOWER CONSTRUCTION IN LAHORE

Imran Amin, CEO of the Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), chaired a high-level meeting to assess the progress of the Walton Road Upgradation Project. Following the meeting, he conducted an on-site visit to Pakistan's premier and largest IT hub, CBD NSIT City, to review the ongoing construction of the Celestia IT Tower and associated roadworks.

The progress review meeting was attended by key stakeholders, including Executive Director Technical CBD Punjab Riaz Hussain, Director Construction CBD Punjab Asif Babar, Project Director NLC Brigadier (R) Umar Farooqi, senior officials from NLC, NESPAK, and the official contractors.

During the meeting, CEO Imran Amin was briefed on the status of projects.Significant advancements have been made to the Walton Road Upgradation Project. The completion of the ADA Nullah connection with the newly constructed ADA Nullah has resulted in a significant drop in the water level, reducing it by 4 feet. The shuttering for the major Ishaq Shaheed Flyover has been successfully removed, and the water-bound on both carriageways has reached 70% completion. The asphalt work on the junction of CBD Route 47 and Walton Road is set to commence shortly.

In CBD NSIT City, the construction of the Celestia IT Tower is progressing at a steady pace. Excavation work has reached a depth of 50 feet, and ground lean work is currently underway. Road and infrastructure developments around the tower are also in full swing.

Commenting on the progress of the projects, CEO Imran Amin stated, "Both the Walton Road Upgradation and Celestia IT Tower projects hold immense significance for the infrastructure development of Lahore. We are committed to ensuring their timely completion in accordance with the directives of Chief Minister Punjab, Maryam Nawaz. These projects are will play a pivotal role in transforming the urban landscape of the city."

The Punjab Central Business District Development Authority remains dedicated to enhancing Punjab's infrastructure, positioning it as a leading province for business, technology, and innovation in Pakistan. The Walton Road Upgradation and Celestia IT Tower projects are key components of this vision, promising to elevate the standards of urban development in the region.

Comments

47% of Asia Pac businesses have no emissions plan in place despite the climate emergency, reveals new report from ACCA, IFAC and PwC

As world leaders gather for COP 28, ACCA (the Association of Chartered Accountants), IFAC (the International Federation of Accountants) and professional services firm PwC released a new report: The role of the CFO and finance function in the climate transition: driving value and sustainability, based on a survey of 1,000 senior finance professionals around the world. The research reveals 47% of respondents in the Asia Pacific region have yet to produce a plan for reducing their carbon emissions. Alarmingly, 69% of those respondents without an emissions plan say they currently have no intention of developing one. This compares with global figures of 46% of respondents who have yet to prepare an emissions plan and 70% of those say they currently have no intention of developing one. The report also says that that involving CFOs and finance teams in the emissions reduction planning is likely to accelerate progress. They should embrace this because, although they may no

CBD PUNJAB’S UPCOMING AUCTION SET TO IGNITE ECONOMIC GROWTH.

The Punjab Central Business District Development Authority (PCBDDA), also recognized as Central Business District Punjab (CBD Punjab), is set to mark a significant milestone in the region's real estate landscape with the auction of six exclusive plots, comprising three mix-used commercial and three residential plots, scheduled for May 9, 2024. As the premium development authority of Punjab, CBD Punjab is at the forefront of transforming the urban landscape, and this auction represents a pivotal moment in Punjab’s economic evolution. The auction event will showcase the immense potential for investment and development within the CBD Punjab precinct. With this auction, CBD Punjab is proud to introduce its latest ventures: CBD Business Bay and CBD Residencia. These ventures epitomize CBD Punjab's commitment to innovation and excellence in urban development, offering prime real estate opportunities for both commercia

Huawei and OPPO Sign Global Patent Cross-licensing Agreement

Huawei and OPPO announced the signing of a global patent cross-licensing agreement, which covers cellular standard essential patents, including 5G. "After more than 20 years of continuous innovation, Huawei has developed multiple high-value patent portfolios in the global marketplace in domains like 5G, Wi-Fi, and audio/video codecs," said Alan Fan, Head of Huawei's Intellectual Property Department. "We are delighted to have reached a cross-licensing agreement with OPPO. The mutual recognition of intellectual property value between companies is a major step towards fostering a positive cycle of innovation and research in high-value standards: investing, receiving returns from investment, and then reinvesting. This will enable our industry to keep innovating and provide consumers with more competitive products and services." "We are very pleased to enter into patent cross-licensing agreement with Huawei. It clearly demonstrates that the two companies r

Daily TechPK

Search This Blog