CDA and PCB agree to build a cricket stadium in the Margalla foothills
Islamabad: According to sources, the Capital Development Authority (CDA) and Pakistan Cricket Board (PCB) have resolved to collaborate on the construction of an international cricket stadium in Islamabad.
The CDA addressed Islamabad’s encroachment problem at a panel organized by the NA Committee.
Shakil Shaikh, a member of the PCB management committee, and Noorul Amin Mengal, the chairman of the CDA, have reportedly agreed to begin work on the project. The meeting took place at the CDA headquarters, where both parties agreed to construct the cricket stadium near D-12 in the Margalla foothills.
During the meeting, the CDA chief provided the PCB representative with an overview of the project’s specifics. Chairman Noorul Amin Mengal stated that 25 acres of land were designated for the stadium’s construction. In addition, it was determined that a memorandum of understanding (MoU) will be drafted and signed.
According to a CDA representative, the PCB would oversee the construction of the stadium while the CDA would provide the property. Both parties will split the profits. The terms and conditions will be specified within the MOU. The CDA is contemplating a 30% revenue share, while the PCB would receive 70%.
In addition, the Chairman of the CDA stated that the meeting with the PCB official was merely a preliminary step and that another session will be held to finalize the details of the MoU. Regarding the location of the stadium, the CDA chairman stated that the allotted land is situated in an optimal location at the foothills of the Margallas, away from the chaos of the city.
Once constructed, the stadium will enhance the attractiveness of Islamabad, according to the chairman. Even though it is located within Zone III, there are no restrictions on building sports facilities there, according to the CDA chairman.
It should also be noted that the CDA and PCB initiated a second stadium project in Shakarparian, but the Supreme Court subsequently canceled it. There have been no updates regarding the project’s development to date.
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