Punjab Central Business District

Development Authority
Government of The Punjab

Press Release

CBD Punjab is A Flagship Project For The Infrastructure And Economic Development
Of Punjab.

Lahore: Sunday, December 18, 2022, Punjab Central Business District Development
Authority (PCBDDA), has registered Pakistan’s first business district Central business
District (CBD Punjab), as a flagship project on the development landscape of Punjab. CBD
Punjab is a business hub that has emerged as an economic bone for the province of Punjab.

To upgrade the infrastructure of Lahore, the authority has started construction of CBD
Punjab Boulevard and Kalma Chowk Underpass remodeling for a cost of Rs 4.2 billion. In
order to complete the project on time out of a total of 2000 retaining piles, 1200 retaining
piles have been completed in a very short period of time which is a great milestone. CEO of
CBD Punjab, Mr. Imran Amin is personally overseeing the progress of the CBD Punjab
Boulevard and Kalma Chowk underpass remodeling project and is spending more time with
the technical team on-site and directed the employees of the authority to complete the
project by February 2023, so that the residents of Lahore, can get relief from the temporary
problems they are facing due to constructions works.

Executive Director Technical, of CBD Punjab, Mr.Riaz Hussain has said, that “The authority
has allocated a budget of approx. Rs 11 billion for development works, along with the
completion of retaining piles on the Kalma Chowk Underpass remodeling project, the
construction of the parking plaza at the CBD Punjab project site is also in full swing. The
pouring of the parking plaza roof has been completed today, almost 430 cubic meters (m3)
of concrete has been poured into the roof of the parking plaza. As directed by our CEO Mr.
Imran Amin to ensure the uninterrupted flow of traffic, we have expedited the construction
work to the maximum”.

A comprehensive alternative traffic plan for the complete closure of Kalma Chowk underpass
is being prepared which will be communicated to the public soon. The CBD Punjab
administration is committed to completing the 365-meter-long underpass before the
stipulated time for the convenience of the people.

About PCBDDA:
Punjab Central Business District Development Authority (PCBDDA), also known as Central
Business District (CBD Punjab) welcomes you to Pakistan's first central business district
which puts Pakistan on the map of global business districts across the globe. We promise to
ensure bespoke and innovative real estate supply to contribute to national development.
PCBDDA has been mandated to develop environment-friendly, urban regeneration projects
not only on vertical principles but also on the lines of economic generation activities in
various sectors that would enhance the characteristics of the province.