Project |
Construction of the Parking Plaza with shopping mall at Old Mayer House, Faisalabad |
Sponsoring Agency |
Local Government & Community Development Department/Metropolitan Corporation Faisalabad |
Implementing Agency |
LG&CD Department , Metropolitan Corporation Faisalabad through Punjab PPP Authority |
Location |
Old Mayer House, Faisalabad |
Available Land |
7 Kanal 15 marla |
Sources of revenue |
|
Gestation period |
08 months (Including 02 months of TA hiring) |
Estimated project cost |
PKR 1500 Million |
Objectives
- Provide state of the art and well managed parking facilities to cater needs of the people and resolve parking issues
- Improvement of accessibility, reduced traffic congestion and travel time saving
- Increase value of nearby residential, retail and commercial property
- To create business environment for entrepreneurs.
- Creation of new employment and career avenues
- Enhancement of comfort and safety