Pakistan Property

CPEC City To Be Built On Islamabad-Peshawar Motorway Near Swabi

ppostnews: ISLAMABAD, The government as planned to build China Pakistan Economic Corridor (CPEC) City to promote the corridor’s activities within the City. The project is being built on a total area of 80,000 Kanals at a cost of $4.4 billion where a range of facilities from education to industries, banks, parks, government buildings and sports grounds would be provided by the government. According to officials sources, government of Khyber Pakhtunkhwa and Frontier Works Organization (FWO) had already signed an agreement to build the city on motorway near Swabi.

The CPEC city would have 62,000 plots and will comprise of education zone, five to seven star hotels, commercial zone, public buildings, apartments, golf course, theme park, petrol, CNG stations and sports facilities, the sources said. This project will be designed to the highest level of modern smart cities concept with sustainability, they said, adding that the project will generate economic activities in more than 40 industries relating to construction sector besides it will create employment opportunities to more than 80,000 people at local and regional level.

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