ProPropertyNewsIslamabad Parking Plaza Tenders Yet to be Called, Construction Delayed

Islamabad Parking Plaza Tenders Yet to be Called, Construction Delayed

ISLAMABAD: Construction on five new parking plazas in the capital city of Islamabad has yet to begin, as tenders for the projects have not yet been called.

According to the details, the base work on the parking plaza in the Blue Area has been ongoing since March 2022, but progress has been slow, and it is unlikely to be completed by its March 2023 deadline.

The Capital Development Authority (CDA) announced last year that parking plazas would be built to address the city’s growing parking problem.

The National Logistics Cell won the contract for the project with a bid of PKR 1,274.5 million to construct a plaza with the capacity to hold 1,300 vehicles, as well as ground-floor shops and fifth-floor open-air restaurants.

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The CDA cited its weak financial position and the expenditure on other projects as the reason for the delay in starting the new parking plaza projects.

CDA officials have shared that due to the under-development projects like Margalla Road, I.J.P Road, Bhara Kahu bypass road, and the project to expand the expressway, the authority needs to be in a financially stable position to start a new one.

It is important to note that a few years back, CDA announced that six parking plazas would be erected in the capital – three in Blue Area, one near Centaurus Mall, one in F-8 Markaz, two in F-10 Markaz, and one plaza each in Karachi Company and I-8 Markaz.

Yet, no considerable progress has been made to date.


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