Establishment Of Theme Park In Lahore

Introduction

Parks and Horticulture Authority envisages to develop a unique complex that will combine entertainment, education and tourism related activities in a modern and comprehensive way for the residence of Lahore and adjoining areas. The proposed project will be built in Lahore near Kala Shah Kaku with major area lying in District Lahore. The state of the art entertainment facilities will help in providing world class entertainment facilities to the general public as well as developing a tourism facility to lure in local and foreign tourists.

Location

Bank of river Ravi (between Kala Shah Kaku interchange of the Lahore-Islamabad motorway (M-2) and the Saggian bridge

Proposal Type

Solicited proposal by Parks & Horticulture Authority (PHA)

Estimated Cost

PKR 500 million

Concession Period

10 Years

Concerned/Sponsoring Agency

Housing Urban Development & Public Health Engineering Department

Proposed Salient Features

  • Theme Park
  • Water park
  • Hotels
  • Commercial retail and dining
  • Business Center

Role of Government Agency

Land will be acquired by the government from the current owners and transferred to private party

Role of Private Party

Private party (The Concessionaire) will be responsible for designing, construction, operation and maintenance (O&M).

Current Status

Hiring of Transaction Advisory Services under process

 

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