Urgent.News

What's breaking now, across thousands of outlets.

Business

Government Buildings to be Turned into Hotels

The prime minister has directed that some government buildings in Islamabad be converted into hotels to address the shortage of … Read More The post Government Buildings to be Turned into Hotels appeared first on ProPakistani .

Government Buildings to be Turned into Hotels

The federal capital of Islamabad is facing a critical shortage of high-end lodging facilities for international gatherings, prompting the prime minister to order the transformation of several government structures into premier hotels. To oversee this initiative, a panel consisting of the interior, finance and housing ministers has been convened.

The Shahid-e-Millat Building, a candidate for conversion in the initial stage, is set to become a five-star establishment. Discussions are underway regarding the proposed plan, which will undergo scrutiny by the ministerial committee. The property spans an area of 4,400 square yards and currently houses 128 guest rooms, with room for expansion to accommodate 64 opulent suites.

This strategic decision aims to meet the burgeoning demand for hotel accommodations in Islamabad, particularly in light of upcoming international events, such as the SCO gathering, which is anticipated to necessitate over 4,000 hotel rooms across the city.

Written by urgent.news from ProPakistani's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at propakistani.pk →

More in Business

Indian Oil Giant Secures U.S. License to Return to Venezuela

India’s Oil and Natural Gas Corporation has secured a license from the U.S. Office of Foreign Assets Control to return to Venezuela, Indian media have reported.

  • ONGC granted U.S. license to return to Venezuela.
  • Company holds 40% stake in San Cristobal oil project.
  • Potential to unlock over $500 million in dividends.

More from Monday 17 August →