Massive Infrastructure Boost to Enhance Urban Growth
Lahore: The Punjab Government has approved a PKR 40 billion development package aimed at enhancing infrastructure, housing, healthcare, and agriculture in the provincial capital. This strategic investment aligns with Punjab’s broader vision for sustainable urban growth and improved living standards.
Key Developments and Investments
A recent high-level meeting reviewed the province’s ongoing development projects, focusing on transparency, fund utilization, and quality assurance to ensure timely execution. Here’s a breakdown of the major initiatives:
1. Housing & Urban Development
Under the “Apni Chhat Apna Ghar” scheme, significant progress has been made:
✔ 80 houses completed in just four months.
✔ Record-breaking home loans issued to facilitate affordable housing.
2. Healthcare Expansion
The Punjab Government has prioritized healthcare development with major upgrades, including:
✔ 1,250 upgraded basic & rural health centers
✔ 1,200 new dispensaries established
✔ 432 completed healthcare projects, with Phase 2 now underway.
3. Agricultural Support for Farmers
To empower farmers, the government has allocated:
✔ PKR 50 billion through the Kissan Card program for tractor purchases.
✔ PKR 9.5 billion for a tube well installation scheme (PKR 2.5 billion already utilized, PKR 6 billion more to be distributed).
4. Heritage & Archaeology Preservation
✔ Five major archaeological restoration projects will be completed by March.
5. Large-Scale Development & Monitoring
Between November 1 and February 10, 32 major development projects were assessed for efficiency and progress.
Increased Budget for Punjab Development
The overall Punjab development budget has seen a rise from PKR 882 billion to PKR 1,048 billion, with:
✔ PKR 693 billion released for development.
✔ PKR 401 billion already spent on infrastructure and public welfare.
✔ Ongoing 547 projects, including:
- 81 special initiatives
- 815 general development programs
- 3,007 district-level schemes
A Brighter Future for Lahore
With continuous monitoring and efficient execution, these projects will significantly boost Lahore’s real estate sector, improve livability, and strengthen the province’s economy. Investors, homeowners, and businesses should keep a close eye on these developments, as they signal a strong growth trajectory for Lahore’s property market.
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