LAHORE: A spokesman for the Royal Palm Golf and Country Club has responded to a news item that appeared in a section of press pertaining to the ‘transparency’ of the Royal Palm project disseminated after meeting of the Senate Standing Committee on Railways.

In a press release, the spokesman said that in 2010 the Standing Committee on Railways had declared the Royal Palm Golf and Country Club project completely transparent as it observed that the land was leased out for 49 years through international competitive bidding process held in a transparent manner.

“The Company has invested over Rs1.5 billion on the project and is now employing over 550 people. The committee was informed that in Phase-II the company was to construct a five-star hotel for which it may be allowed to start work with peace of mind and without any further interference.

“The committee then took a round of the golf course and appreciated the quality of the work done and also its role for improving the environmental situation in the area.”

In its report, the committee recommended: “The administration of the Royal Palm Club should move forward according to the terms and conditions of the agreement for the construction of a five-star hotel...”

The spokesman further said the club had developed the largest leisure, hospitality and entertainment facility in the private sector in Pakistan; it contributes Rs100 million annually to the national exchequer including education cess and other provincial taxes etc. The company has so far paid Rs550 million to the Pakistan Railways.

Published in Dawn, November 27th, 2015

Opinion

Editorial

Border clashes
19 May, 2024

Border clashes

THE Pakistan-Afghanistan frontier has witnessed another series of flare-ups, this time in the Kurram tribal district...
Penalising the dutiful
19 May, 2024

Penalising the dutiful

DOES the government feel no remorse in burdening honest citizens with the cost of its own ineptitude? With the ...
Students in Kyrgyzstan
Updated 19 May, 2024

Students in Kyrgyzstan

The govt ought to take a direct approach comprising convincing communication with the students and Kyrgyz authorities.
Ominous demands
Updated 18 May, 2024

Ominous demands

The federal government needs to boost its revenues to reduce future borrowing and pay back its existing debt.
Property leaks
18 May, 2024

Property leaks

THE leaked Dubai property data reported on by media organisations around the world earlier this week seems to have...
Heat warnings
18 May, 2024

Heat warnings

STARTING next week, the country must brace for brutal heatwaves. The NDMA warns of severe conditions with...