Major developments in Lahore smart city
Development work in full swing in Lahore Smart City
Introduction
Takeaway: Lahore Smart City will contribute to the city's development
In a professional tone
The project is expected to be completed by 2020. Lahore has been declared as one of the world's most livable cities and it is among the fastest growing cities in Pakistan. It became Pakistan's sixth largest city with a population of over 6 million people and an estimated economy of $4 billion. The future growth, according to experts, would be even higher. This project will help in making the city more competitive for business and manufacturing purposes. A new by-pass road is also being constructed which may further facilitate the movement of people.
Takeaway: Lahore Smart City will contribute to the city's development
In a professional tone
An investment of nearly $2 billion in the city, Lahore Smart City is a city-wide project to make Lahore a better place for people to live and work.
An investment of nearly $2 billion in the city, Lahore Smart City is a city-wide project to make Lahore a better place for people to live and work.
The project will be implemented by Lahore Development Authority (LDA), which plans to invest more than $1 billion in developing infrastructure facilities such as roads, flyovers and canals. The LDA has already spent over $100 million on this phase of work since 2013 when it started its plan for making Lahore an integrated mobility system that connects people with their destination points through various modes of transportation including cars, buses and trains.
The plans include 50 km of cycle lanes, 40 schools, four hospitals and five universities.
The plans include 50 km of cycle lanes, 40 schools, four hospitals and five universities.
The scheme will also have an integrated transport system through the use of buses, trams and other modes of public transport that will be linked to each other via seamless underground tunnels.
The city consists of three main areas – G Block (rural), I Block (urban) and J Block (mixed).
The city consists of three main areas – G Block (rural), I Block (urban) and J Block (mixed).
G Block is the rural area which includes areas like Gulshan-e-Aam, Shahdara, Qila Mubarak Khan Singh Baba Mandir, Lohari Park and other areas. It is also home to many government offices such as National Bank for Agriculture & Rural Development (NABARD), Pakistan Post Office etc.
I Block is the urban area which includes all residential neighborhoods within Lahore Smart City including Gillani Town as well as other residential colonies like Huda Colony etc., schools, colleges and universities like Lyceum Model School Punjab University; Allama Iqbal Open University; Professional Institute Lahore Engineering College Rawalpindi Campus etc., commercial complexes such as Plaza Mall Lahore; Metro Mall Islamabad.; Green Zone Shopping Center Rawalpindi near Allama Iqbal International Airport Rawalpindi also known as Benazir Bhutto International Airport named after former Prime Minister Benazir Bhutto who died at this airport 16 months ago today on December 27th 2018 due to cardiac arrest during flight from here back home where she was assassinated by her security guard who fired shots on her inside plane causing death within few minutes
It's projected to add six million square feet of office space and 2,600 housing units to the city.
It's projected to add six million square feet of office space and 2,600 housing units to the city.
The project is expected to cost Rs22 billion ($297 million).
The Islamic Development Bank recently agreed to provide a $620 million loan.
The Islamic Development Bank (IDB) recently agreed to provide a $620 million loan.
The IDB is a member of the World Bank Group, which provides financing and technical assistance on development projects in more than 100 countries across Africa, Asia and Latin America.
To meet the demand for affordable housing, the project includes building new neighbourhoods on cheap land in rural areas.
The project will contribute to the city's development, adding six million square feet of office space and 2,600 housing units. It will also help alleviate pressure on Lahore's already overcrowded roads by encouraging residents to move out of the city center into more affordable housing.
The idea is that this new urban area will become home to both businesspeople who want to take advantage of low-cost offices in an easily accessible location as well as those who want affordable housing close to their workplace or school.
Lahore Smart City will contribute to the city's development
Lahore Smart City will contribute to the city's development. It is a catalyst for the development of the city, which will be instrumental in turning it into an urban hub and economic engine with significant economic impact on Pakistan.
Lahore Smart City has been designed based on best practices from around the world and has been developed with a focus on sustainability, green building guidelines and LEED Platinum certification. It will provide modern amenities such as water treatment plants, waste management facilities etc., which can change lives for better through improved access to clean drinking water or through efficient waste collection services for residents living near these facilities.
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