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Published 01 Dec, 2004 12:00am

Foreign firms to develop new sectors in Islamabad

ISLAMABAD, Nov 30: The government is considering to develop new sectors in Islamabad through the international firms, a source said. He said ministerial committee , formed by the Prime Minister Shaukat Aziz to decided about various issues of the Capital Development Authority (CDA), was suggested by the authority that private builders, including international firms, be invited for development.

Secretary Interior Tariq Mehmood on Tuesday reviewed the suggestions of the CDA during a session of the ministerial committee meeting. The prime minister, he said, had already endorsed the suggestion regarding development of new sectors through private firms. The source said the CDA would shortly call bids both from local and international developers.

The source said it was yet to be decided whether the eligible private firms would develop new sectors on Built Operate and Transfer (BOT) basis, joint venture or they would be hired by the CDA like other contractors.

According to a decision made in the last cabinet meeting, seven new sectors would be developed in Islamabad. The proposal prepared by the CDA for the ministerial committee meetings pertained to water shortage and remedial measures, hiring of consultants for amendments in Master Plan of Islamabad and restructuring of the CDA board.

The ministerial committee was also suggested by the CDA that the existing network of water distribution system in the capital should be replaced in phases as according to a study 20 per cent of water supplied to consumers' became waste.

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