ISLAMABAD – The Capital Development Authority (CDA) has decided to establish two more flower markets in the capital’s busiest business centers Melody Market and F-11 Markaz.
According to an official communique issued by the authority this decision was taken in the board meeting.
It was also maintained that tender bids would be called to give construction contract for these flower markets. Then the contractor will be sole responsible for the establishment of these markets and CDA would only monitor the progress of development work.
Moreover, CDA also approved the construction of a cord market in newly established sector of Islamabad D-12. The estimated cost of this market is Rs 100 million. After the completion the shops and offices of this market will be rented out to private companies and organization.
Its is also worth mentioning here that die to high cost of commercial areas and scarcity of space, most of the companies prefer establishing their offices and outlets in the residential areas of Islamabad. Though it compensates the company budget but at times create traffic and noise-pollution problems for the residents.
CDA has also approved the construction of a new bus stand near Mandi Mor. It is the gateway between Rawalpindi and Islamabad.
After the approval, concern department of CDA has initiated the development of PC-1 of these projects.