Islamabad, the capital of Pakistan, is set to welcome a world-class five-star hotel, as the Capital Development Authority (CDA) gears up to execute this prestigious project under a public-private partnership (PPP) model. This initiative is part of CDA’s broader vision to boost Islamabad’s infrastructure, tourism sector, and investment potential.
A Step Towards Luxury and Growth
A high-level meeting at the CDA Headquarters, chaired by Chairman CDA Muhammad Ali Randhawa and CEO of the Public-Private Partnership Authority (P3A) Malik Ahmed, focused on advancing several major development projects in the capital, including the proposed five-star hotel.
The hotel is expected to play a pivotal role in positioning Islamabad as a prime destination for both international and domestic tourists. It will also enhance the city’s ability to host high-profile events, diplomatic gatherings, and business conferences.
Financial Sustainability & Investment Potential
During the meeting, Chairman CDA emphasized the need to adopt the best financial and sustainable models to ensure the project’s long-term viability and maximum revenue generation. To achieve this, pre-feasibility studies have already been completed, and transaction advisors have been engaged to assess the most feasible and beneficial execution strategy.
Jinnah Medical Complex – A Healthcare Milestone
Beyond the luxury hotel project, the CDA is also focused on the development of the Jinnah Medical Complex, a state-of-the-art healthcare facility aimed at providing top-tier medical services to Islamabad’s residents. This project, like the five-star hotel, will follow a financially sustainable model, integrating commercial areas to ensure self-sufficiency and long-term success.
Attracting Investors for Future Growth
To support these ambitious infrastructure projects, CDA plans to host an investors’ conference to attract local and international investors. CEO Malik Ahmed of P3A has assured full cooperation and support to ensure the smooth execution of both the luxury hotel and Jinnah Medical Complex projects.
Transforming Islamabad into a Global Hub
These landmark developments are expected to significantly contribute to Islamabad’s economic growth, creating new business opportunities, enhancing tourism, and improving healthcare services. The CDA’s focus on sustainability, self-reliance, and top-quality service delivery marks a significant step towards transforming Islamabad into a world-class city.
Stay tuned to PropertiesPakistan.com for more updates on Islamabad’s real estate, infrastructure, and investment opportunities!
