RUDA Issued ‘Proposal Request’ for Topaz Block Project

RUDA Issued ‘Proposal Request’ for Topaz Block Project

Lahore: he Ravi Urban Development Authority (RUDA) Thas recently announced the issuance of a Request for a Proposal (RFP) for finance, own, design, build, operate, and maintain (DBFOM). This step is being overviewed as quite significant for the development of a multi-billion dollar project that could hugely contribute to the economy of Pakistan and the province.
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The details reflect a real estate development project spanning over an approximate area of 12,500 acres. The project is expected to be developed under the public-private partnership (PPP) model. The entity is inviting interested parties for the procurement of the RFP documents with 1st March 2024 as the acquisition deadline. However, the submission deadline is 4th March 2024 by 15:00 hours.
The Topaz Block project is expected to offer a great economic opportunity for the public and private sectors regarding development. The project after development will transform the area into a vibrant community with considerable economic growth in the region. This will not only be fruitful for Pakistan but also for the province.

Interested parties can contact the relevant authorities on the RFP process at +92-42-99263541 or via email at kashif.qureshi@ruda.gov.pk. Or they may also visit the Head Office located at 151 Abu Bakar Block, Garden Town, Lahore.

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