ISLAMABAD: The Capital Development Authority (CDA) has received a directive from the federal government that could potentially disrupt its proposed cricket stadium project.
As per the details, the government has instructed the CDA to avoid partnering with the Pakistan Cricket Board (PCB) for this venture.
Recently, both the CDA and PCB collaboratively drafted a memorandum of understanding (MoU) to outline their joint involvement in the project, planned to be situated in the foothills of Margalla near D-12.
According to this preliminary agreement, the PCB would be responsible for the stadium’s construction, operation, and maintenance, while the CDA would allocate 280 Kanals of land for the purpose.
The proposed terms indicated that the PCB would receive 70% of the generated revenue, leaving the remaining 30% for the CDA.
However, a recent meeting led by Prime Minister Shehbaz Sharif took a different turn, leading to the CDA being advised to veer away from executing the MoU and instead fund the stadium’s development independently.
In addition, the CDA was directed to secure the services of either local or international consultancy firms for the project.
This change of direction is predicted to cast doubts over the stadium’s future progress.
Besides, concerns have also arisen due to the CDA’s potential limitations in terms of expertise in stadium construction and the substantial monetary investment required.
Source: DAWN
