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FAISALABAD, Dec 19 (APP): An important meeting of Faisalabad Development Authority (FDA) Board of Governors was held under the chairmanship of Commissioner Faisalabad, Raja Jahangir Anwar.
The board unanimously approved the FDA’s annual budget estimates for the fiscal year 2025-26, totaling Rs. 2.72 billion, along with the revised budget for the previous fiscal year.
The meeting was attended by Deputy Commissioner Captain (retd) Nadeem Nasir, Director General FDA Muhammad Asif Chaudhry, Additional Directr General Qaiser Abbas Rind, Additional Commissioner Asif Hayat, Representative officers from the departments of Finance, Planning & Development, Housing & Public Health Engineering, and Local Government, while Chief Engineer FDA Mehr Ayub, Directors Yasir Ejaz Chattha, Junaid Hassan Manj, Asma Mohsin, Sohail Maqsood Pannu, and other FDA officials were also present in the meeting.
DG FDA Asif Chaudhry provided a detailed briefing on the organisation’s revenue sources, resource allocation, and salient features of the budget.
During the meeting approval for adoption of Punjab Government orders and notifications regarding employee salaries, pensions, and other administrative matters was also given
The deadline for recovering development and additional development dues from defaulting allottees of FDA City—with a surcharge of Rs. 2,000 per marla—has been extended until June 30, 2026 by the session.
The DG FDA reported the sale of land 2 Kanals in Millat Town for a NADRA office. 8.07 Kanals in FDA City for the PTA (Pakistan Telecommunication Authority, 13 Kanals for the Directorate of Intelligence and Investigation (FBR) have been decided to ensure financial stability of FDA Commissioner Raja Jahangir Anwar directed that budget estimates be aligned with modern requirements and new urban development projects.
He emphasized that in line with the vision of Chief Minister Punjab, Maryam Nawaz, making government institutions vibrant and equipping service delivery with modern technology is a top priority. He urged that Joint Venture (JV) approach should be adopted for large-scale urban development and public welfare projects to leverage private sector investment.
He stressed upon formulation of business models to implement attractive projects for increasing organizational revenue.
Commissioner asked the officers for ensuring transparent and timely utilization of allocated funds so that the benefits of development could be reached to the public directly.