Govt to Provide Lease Facility for Construction of Schools & Hospitals

The Evacuee Trust Property Board (ETPB) has issued tentative orders for offering land on lease for the construction of educational institutions and healthcare facilities in Punjab.

A spokesperson for the board was quoted, in a report, stating that lands in Lahore, Kasur, and Nankana Sahib have been identified as potential venues for infrastructural development.


ECC Approves Pakistan Steel Mills Retrenchment Plan

In the past, the ETPB struggled to carry out a proper evaluation of registered assets in the province, nor could it conduct extensive surveys of such lands since 1975.

In 2019, the ETPB Chairman shared the board’s plans for the retrieval, development, and utilization of assets in the province. The plans incorporated the constitution of a committee comprising ETPB, local administration, and representatives of Intelligence Bureau, and Special Branch for reclaiming ETPB land and properties that were illegally occupied.

In his report, the Chairman highlighted the board’s registered assets that comprised 15,619 urban properties, 19 plazas, and 109,956 acres of agricultural land.


Punjab to Draft New Pension Rules for Govt Employees

Punjab constitutes the largest urban (11,139 acres) and agricultural land (85,920 acres) per ETPB jurisdiction. Fast-forwarding two years, the province still retains the apex. This time around, the ETPB has initiated a set of new regulations for restructuring its assets’ portfolio in line with provincial development reforms.

The new land-on-lease program for the construction of schools and hospitals in the province is the latest of many facilities the board expects to offer. More details on the matter are yet to be disclosed.