Lahore: The Punjab government has set a target of generating Rs. 500 billion from unused government land in the next fiscal year. Twelve development authorities, including RUDA and the Central Business District, have been instructed to identify unused land within their jurisdictions. Officials aim to monetize state assets to create additional financial resources for development projects. Reports on land records, market value, and potential commercial use have been requested from all relevant authorities. Experts note that utilizing dormant government land for economic activities will not only increase revenue but also create investment opportunities, business prospects, and urban development potential. The policy is part of a broader strategy to ensure sustainable funding for development initiatives.
