Skip to main content

LCBDDA Renamed As Punjab Central Business District Development Authority.

     







 Lahore Central Business District Development Authority (LCBDDA) also known as Central Business District Punjab (CBD Punjab) has recently been renamed as Punjab Central Business District Development Authority (PCBDDA). The authority was formed in February 2021, by an act of parliament and was tasked to establish Pakistan’s first and most anticipated business district in the heart of Lahore. LCBDDA has achieved new horizons as its wings expand from Lahore to all over the province of Punjab. 

The authority has done many remunerative wonders and proved itself as a wealth generator for the development of Punjab. Keeping in view the track record of LCBDDA, the Punjab Cabinet has done amendments to its act and expanded the jurisdiction of the authority to all over Punjab. PCBDDA will work in various cities of Punjab like Faisalabad, Sialkot, Gujranwala, Multan and Rawalpindi & more to boost the economic activities for the development of the province. 

Chief Executive Officer of PCBDDA, Mr. Imran Amin stated that “it is all due to the trust of the business community in CBD Punjab. I would like to show my profound gratitude to the Punjab Government for expanding the authorities work scope all over Punjab and giving us an opportunity to work more aggressively for the development of the province. I assure you that the authority will keep on delivering with the same passion as it has delivered in Lahore”. 

PCBDDA will not only boost economic activities and develop new business avenues in Punjab, but it will also help the national development by creating job opportunities and raising the living standard of the people of Punjab.


Comments

Popular posts from this blog

CBD Punjab Celebrated Pakistan Resolution Day with Patriotic Fervor

                                                       The Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), proudly commemorated Pakistan Resolution Day with unwavering dedication to the nation's progress. Held at the CBD Punjab headquarters, the ceremony was attended by COO CBD Punjab, Brigadier (R) Mansoor Janjua, directorate heads, senior officials, staff members, and ancillary staff, all united in the spirit of patriotism and national pride. The event began with a flag hoisting ceremony, symbolizing the steadfast commitment to uphold the principles of unity, faith, and discipline, and to strive for the betterment of the country while keeping the national flag flying high. The national flag soaring high served as a powerful symbol of prosperity and sovereignty. Addressing the gathering, COO CBD Punjab, Brigadier (R) Mansoor Janjua, emphasized the importance of commemorating the historic Pakistan Resolut

Huawei and OPPO Sign Global Patent Cross-licensing Agreement

          Huawei and OPPO announced the signing of a global patent cross-licensing agreement, which covers cellular standard essential patents, including 5G. "After more than 20 years of continuous innovation, Huawei has developed multiple high-value patent portfolios in the global marketplace in domains like 5G, Wi-Fi, and audio/video codecs," said Alan Fan, Head of Huawei's Intellectual Property Department. "We are delighted to have reached a cross-licensing agreement with OPPO. The mutual recognition of intellectual property value between companies is a major step towards fostering a positive cycle of innovation and research in high-value standards: investing, receiving returns from investment, and then reinvesting. This will enable our industry to keep innovating and provide consumers with more competitive products and services." "We are very pleased to enter into patent cross-licensing agreement awith Huawei. It clearly demonstrates that the two compan

Economic confidence among finance professionals edges higher globally despite big fall in North America

                                                The latest ACCA (the Association of Chartered Certified Accountants) and IMA ®  (Institute of Management Accountants)  Global Economic Conditions Survey (GECS) suggests that confidence among accountants and finance professionals edged slightly higher in Q2 2024 and is just above its historical average.  For chief financial officers (CFOs), all the key global indicators rose, with sharp gains evident in the New Orders and Capital Expenditure indices.   There were some notable regional differences . Western Europe-based accountants reported another decent increase in confidence as the euro area and UK economies continue to stage recoveries. Even Asia Pacific saw a small rise off the back of a huge gain previously, and the New Orders Index increased strongly. The region is benefitting from improvements in the global economy, including in the manufacturing sector and the upward moving technology cycle. However, North America’s financial profe