RUDA will initiate development work in the industrial sector
News from November 13 says that the Ravi Urban Development Authority (RUDA) is ready to start developing the existing industrial area and the land next to it that is part of the Ravi Riverfront Urban Development Project (RRUDP).
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According to the details, the Ravi Industrial Zone will be gated off in the first phase, and signs will be put up with the names of roads, streets, the type of industry, and the location. In the next phase, development work will start, which will include putting in water lines, sewer pipes, and other infrastructure.
Also, work on the land next to it, which is set aside for the Ravi Industrial Estate, will start soon. The news source said that the Ravi project’s industrial area takes up about 7,300 acres of land in total. The current industrial area is spread out over 2,500 acres, and RUDA wants to use the other 4,800 acres to build a high-tech industrial estate.
Inam Butt, who is the head of the Ravi Industrial Estate Association, said that there are as many as 1,000 small and medium-sized factories in the area. These factories make things like auto parts, plastics, and export items. He went on to say that RUDA’s Chief Executive Officer (CEO), Imran Amin, told the business community at a meeting that the authority would regulate the existing Ravi industrial zone and solve any problems that the owners of industrial units were having.
The chairman told the factory owners that they must pay between PKR 5,000 and PKR 10,000 as an enlistment fee/member fee of the industrial zone for their business points that are up to five kanals or larger. This is so that the factory owners can get their buildings registered. It was said that the owners would have to pay development fees of PKR 500,000 per kanal within five years and processing fees of PKR 30,000 for the relevant authorities to approve the map.
