LAHORE – Lahore Development Authority (LDA) is determined to establish a central business district (CBD) in the city comprising of Jail road, Main Boulevard, MM Alam Road, segment of Hali Road and Sharae Noor Jehan, Gulberg for inducing more investment, business and employment opportunities in the city.
According to a press release issued on Wednesday, the newly constructed Park and Ride Plaza at Main Boulevard Gulberg has become operational.
The construction of Park and Ride Plaza at the Liberty Market was a part of the first phase of the programme and Punjab Chief Minister Shahbaz Sharif has directed LDA to construct 10 more such plazas in the city within six months. Work on two such plazas, each at New Anarkali and Barkat Market, will be started within 20 days.
LDA has a clear comprehension of the challenges it is facing and is committed to substitute policies and practices which are damaging to the urban spatial, economic and fabric structure of the city with the ones which are modern and business-friendly.
This process involves extensive urban studies for which a clear programme has been chalked out.
