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Friday, July 1, 2011

CDA announces Rs 23,996.16m budget for FY 2011-12

ISLAMABAD: Chairman, Capital Development Authority (CDA) Imtiaz Inayat Elahi has presented a Rs. 23,996.16 million budget for Fiscal year 2011-2012 here on Thursday.

The engineering wing took the lion’s share, with Rs. 6260.37 million i.e 52 per cent. Finance & Administration wing followed Rs. 200.00 million and Rs. 250.00 million respectively, while Rs. 784.02 million has been allocated to Planning and Design wing.
Unlike Fiscal budget 2010, where environment wing had taken the share with Rs. 500.00 million, but this time round, the said wing followed the increase with Rs. 300.00 million, as it took total share of Rs. 800.00 million for further development of the capital city.
Moreover, Rs. 1984.70 million allocated to Estate Management Wing and Rs. 1834 million followed reserves for emergency use of the money on mega projects or somewhere else.
The Chairman has assured considerable progress for improving the road network across the city, maintenance works and shopping centers along with some new small sector projects.
The Chairman also gave special priority to new works expected to be taken up, as directed during Fiscal year 2011-2012 under self Financing account.
According to the report Rs. 584.70 million allocated for the development of park enclave, whereas Rs. 300.00 million for up-gradation of mini markets, Rs. 150.00 million for provision of health services, up gradation of CDA dispensaries and installation/improvement of filtration plants.
Similarly, Rs. 150.00 million allocated for beautification and people friendly environment projects, although development of City centre F-7, Islamabad, cleaning of nullahs and ravines, development of sector I-15, Islamabad and extension of Kurri road upto Simly dam road, Islamabad took the allocation of Rs. 100.00 million for each project.
Likewise, Rs. 50.00 million for rain water harvesting projects, Rs. 50.00 million for Ankara Park and Rs. 50.00 million for tourism allocated in budget 2011-2012.
In the same way, Rs.200.00 million allocated for Prime minister’s CDA rapid CNG bus transit that would be launched soon under the direction of the Chairman with the assistance of Ministry of Petroleum.
On the other hand Rs. 50.00 million allocated for anti-littering and water conservation programs, while the Chairman said that private firms would be welcomed in anti-littering project to dump the collected litter for multiple uses like to create energy. He added that presently CDA not have enough resources to launch and run such a plant. Online