Urgent.News

What's breaking now, across thousands of outlets.

Business

FGEHA to Outsource 4 Amenity Plots in 2 Islamabad Sectors

The Federal Government Employees Housing Authority (FGEHA) has approved the outsourcing of four amenity plots reserved for health and education … Read More The post FGEHA to Outsource 4 Amenity Plots in 2 Islamabad Sectors appeared first on ProPakistani .

FGEHA to Outsource 4 Amenity Plots in 2 Islamabad Sectors

The Federal Government Employees Housing Authority (FGEHA) has approved the outsourcing of four amenity plots in sectors G-13 and G-14 of Islamabad. The plots, designated for a hospital, two dispensaries, and a school, will be offered to private companies under a public-private partnership and joint venture model. The projects will be developed using a Design, Build, Finance, Operate and Transfer (DBFOT) approach for an initial 20-year concession period, with the possibility of an additional 10-year extension.

The FGEHA board has authorized the release of an open call for Expressions of Interest and Requests for Proposals. The selected sites comprise a 4,813-square-yard hospital plot in G-14 Markaz, a similar plot for a dispensary in G-14/3, another 4,813-square-yard dispensary space in G-14/4, and a 333-square-yard school area in G-14/3.

FGEHA will provide the land, while the chosen private partner will handle financing, construction, operation, and maintenance of the facilities. The authority will retain ownership of the land, transferring the operational infrastructure back to FGEHA once the concession period concludes. The move aims to attract private investment and expertise while enhancing health and education facilities in rapidly developing sectors.

FGEHA also informed the board that 13 school plots have already been allocated to the Federal Directorate of Education for school and college development, although only two plots have been utilized due to budget constraints. The FGEHA Executive Board approved the proposal in principle, allowing FGEHA to proceed with the outsourcing process.

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

More from Tuesday 29 September →