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CDA Biggest Plots’ Auction Results In ‘Highest Ever Return’: PM Khan

CDA Biggest Plots’ Auction Results In ‘Highest Ever Return’: PM Khan

April 12, 2019 by admin Leave a Comment

ISLAMABAD: Prime Minister Imran Khan on Thursday highlighted that the biggest plots’ auction organised with the aid of Capital Development Authority (CDA) [Islamabad] led to ‘maximum ever go back’ of Rs11.28 billion, ARY News stated.

In his Friday’s tweet, PM Imran Khan praised employer of the four-day plots’ auctioning occasion by the improvement authority in Islamabad, the decision which has generated a handsome quantity of income for CDA.

The top of the line emphasised that the development sheds light on crucial facts; ‘One, it’s far a vote of self belief in future of Pakistan’s financial system.’

He delivered, “Two, it exhibits how an awful lot money has been lost in the beyond due to non-transparent, corrupt practices.”

CDA’s biggest plots’ auction results in highest ever return for CDA – Rs 11.28 bn. This highlights 2 imp facts: One, it is a vote of confidence in future of Pakistan’s economy; two, it reveals how much money has been lost in the past because of non-tranparent, corrupt practices.

— Imran Khan (@ImranKhanPTI) April 12, 2019

A press release issued through CDA stated that the authority auctioned industrial plots in one of a kind advanced sectors of Islamabad on Wednesday (the day past) in which 8 business plots were auctioned Rs4.048 billion while on the first and 2d day of the public sale of residential plots 31 residential plots, have been bought out approximately Rs1.254 billion.

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