ISLAMABAD: Chairman of the Capital Development Authority (CDA) and Chief Commissioner Islamabad, Muhammad Ali Randhawa, held a meeting with a delegation from Saudi energy company ARAMCO to explore possible collaboration on key development projects in the capital.
The meeting was also attended by CDA Member Planning and Design Dr. Khalid Hafiz, Member Finance Tahir Naeem, Deputy Director General Resource, and other senior officials.
Chairman Randhawa said that the CDA is committed to turning Islamabad into a modern and world-class city through innovative projects launched under the Joint Venture (JV) model.
“The JV model will attract investment in Islamabad and create a steady source of income for the CDA. All initiatives will follow PPRA rules to ensure transparency and merit,” he stated.
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During the meeting, the ARAMCO delegation was briefed on ongoing and upcoming CDA projects aimed at improving public services and boosting the city’s economy. Chairman Randhawa shared that several strategic sites are open for private sector investment, including the setup of petrol pumps across Islamabad.
The two sides also discussed the proposed establishment of a modern slaughterhouse, for which a feasibility study has already been completed. Randhawa said, “The main goal of this project is to promote meat exports while meeting local demand. It will also help strengthen the city’s economy and create new job opportunities.”
Both CDA and ARAMCO formed special teams to take practical steps toward the implementation of these projects.
