LAHORE: Ravi Urban Development Authority (RUDA) on Friday signed a Memorandum of Understanding (MOU) with LESCO at head office.
According to the details, under this MOU, RUDA was providing land and master plan to initiate affordable housing project initially at 2500 acres.
During the ceremony, RUDA CEO Imran Amin said, “The authority’s commitment is not only to rejuvenate River Ravi but to provide sustainable housing to the public. Keeping in view need to improve availability of adequate housing in Lahore and important role of construction sector in boosting economic activities, RUDA envisions to cater the housing needs of people.”
Secretary/Director LESCO Employee Housing Foundation (LEHF) Atiq Ahmad Khan said that this affordable housing scheme named as LESCO City was purely for the benefit of employees especially junior staff.
Senior officials from RUDA and LESCO were present during the ceremony.