Builders vie for apartments project

11 companies submit proposals for construction of 24 blocks having 32 units each


Our Correspondent February 14, 2021
PHOTO: REUTERS

LAHORE:

Dozens of contractors and engineering firms have expressed their interest in LDA City Naya Pakistan Apartments and other mega projects in the city.

The Lahore Development Authority (LDA), on Saturday, opened tenders for the constriction of 768 residential apartments under Package-II of the LDA City Naya Pakistan Apartments scheme. Eleven contracting companies, including National Logistic Cell (NLC), Progressive International, Tetra Engineering, Yasin Brothers, Zareef Khan and Co, GPL, and CAE JV, had submitted their proposals for the construction of 24 blocks having 32 apartments each.

LDA Governing Body Technical Member Engineer Amir Riaz Qureshi monitored the tender opening process along with Chief Engineer Abdul Razzaq Chohan, Finance Director Muhammad Akhtar and Audit Director Javed Akhtar.

The authority had adopted a single-stage-two-envelop tendering mechanism. Initially, the authority opened technical bids and after their technical evaluation, the authority will open financial bids. Earlier, for the construction of 960 apartments, the authority opened two tenders on February 10 and more tenders will be opened on February 17 and 20.

Speaking on the occasion, Engineer Amir Riaz Qureshi highlighted that LDA Vice Chairman S M Imran will supervise the construction of LDA City Naya Pakistan Apartments.

The process of constructing 4,000 apartments in the first phase will be initiated during the current month in a transparent manner.

Meanwhile, LDA Vice Chairman S M Imran told the media that Prime Minister Imran Khan had consented to lay the foundation stone of the LDA City Naya Pakistan Apartments.

The city developer had already implemented a carrot and stick policy to increase its efficiency. From the next week, the punishment would be awarded to officials causing undue delay in the processing of citizens' applications.

Published in The Express Tribune, February 14th, 2021.

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