Close Menu
News Update TimesNews Update Times

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Bangladeshi University Leaders Visit LUMS to Strengthen Regional Academic Linkages

    May 19, 2026

    AKU Showcase Explores AI in Research for Global Impact

    May 19, 2026

    Islamic Banking Assets Projected to Reach Rs18–19 Trillion by December 2026!

    May 19, 2026
    Facebook X (Twitter) Instagram
    News Update TimesNews Update Times
    • Home
    • Pakistan

      AKU Hosts Consultations as Part of Joint Effort to Upgrade the National Museum of Pakistan

      May 15, 2026

      PAKISTAN’S FIRST AND LARGEST IT CITY CBD NSIT CITY NEARS MAJOR DEVELOPMENT MILESTONES

      May 15, 2026

      CSSPR Marks One-Year Anniversary of Marka-e-Haq Through High-Level Strategic Webinar

      May 11, 2026

      CBD PUNJAB ANNOUNCES MULTI-BILLION RUPEE DEVELOPMENT OPPORTUNITIES

      May 9, 2026

      BARD Foundation Onboards 13 Athletes Nationwide for Training and Development Programme

      May 2, 2026
    • Business

      Islamic Banking Assets Projected to Reach Rs18–19 Trillion by December 2026!

      May 19, 2026

      TECNO Unveils Shot On CAMON Contest 2026 Jointly with Lonely Planet

      May 18, 2026

      Kaukab Iqbal Calls for Strict Regulations Based on Dubai Property Law Model

      May 18, 2026

      Service Long March Tyres IPO Book Building Fully Subscribed Within 5 Seconds, Sets New PSX Benchmark

      May 18, 2026

      (PSW) and (NITB) Sign MoU to Advance Digital Public Services under DEEP

      May 18, 2026
    • Technology

      Introducing Incognito Chat with Meta AI: A completely private way to chat with AI

      May 14, 2026

      JUJUTSU KAISEN and new evolving universe mode hit PUBG MOBILE’S 8th anniversary version 4.3 update

      March 16, 2026

      WhatsApp’s Latest Privacy Protection: Strict Account Settings

      January 28, 2026

      Syed Muhammad Talha Embarks on a Full-Time Filmmaking Journey

      January 28, 2026

      YouTube launches new updates to support teens and families online

      January 15, 2026
    • Sports

      tapmad Secures Exclusive Digital and Television Rights for the FIFA World Cup in Pakistan

      May 18, 2026

      BingX Names World Champion Enzo Fernández as Global Ambassador Ahead of 2026 FIFA World Cup

      May 13, 2026

      Rising global sport padel finds new home in Lahore

      April 28, 2026

      Dow Hospital Clinches Modern Premier League Season 3 Title

      April 27, 2026

      Modern Premier League Season 3 Kicks Off Tomorrow in Karachi

      April 21, 2026
    • Entertainment

      Spotify Marks 20th Anniversary with “Spotify 20: Your Party of the Year(s)”

      May 12, 2026

      Mehfil Tour Opens in Karachi with a Powerful Celebration of Pakistan’s Musical Heritage

      May 11, 2026

      Humnava Goes Weekly with Holoyor, Building a Movement of Togetherness Through Music, Conversations, and Community Gatherings

      May 8, 2026

      Ajoka Institute’s Art of Acting Students Stage “Jhalli Kithay Jaway” at PILAC Auditorium

      February 28, 2026

      LFW Presents Launches with Hussain Rehar

      February 16, 2026
    • Education

      Bangladeshi University Leaders Visit LUMS to Strengthen Regional Academic Linkages

      May 19, 2026

      AKU Showcase Explores AI in Research for Global Impact

      May 19, 2026

      University of the Punjab Hosts Seminar on “New Horizons of Public Relations and Advertising

      May 19, 2026

      ICAP Holds CFO Conference 2026

      May 12, 2026

      IBA KARACHI HOSTS PANEL DISCUSSION ON WARS, CRISIS, AND DETERRENCE STABILITY IN SOUTH & WEST ASIA

      May 7, 2026
    • Health

      AKU celebrates nurses and midwives as leaders shaping Pakistan’s health care future

      May 7, 2026

      Healthcare Visionaries Gather in Karachi for the 16th Annual National Medical Conference to Define the Future of Medical Ethics

      May 2, 2026

      AHKF reaches 35,000 households, aims to reach 100,000

      April 16, 2026

      AKUH Becomes First in South Asia to Earn JCI Gold Seal for Heart Bypass and Cataract Surgery

      April 14, 2026

      AKUH Calls for Urgent Awareness as Mpox Reaches Local Transmission in Pakistan

      April 8, 2026
    • Other
      • World
      • Blog
      • Opinion
      • About
      • Contact us
    News Update TimesNews Update Times
    Home»Business»DREAMS Project Clears Legal Roadblock, Urban Transformation in Punjab to Begin
    Business

    DREAMS Project Clears Legal Roadblock, Urban Transformation in Punjab to Begin

    yasirBy yasirApril 8, 2025No Comments
    Facebook Twitter WhatsApp
    Share
    Facebook Twitter WhatsApp

    The Developing Resilient Environment and Advancing Municipal Services (DREAMS) project, a flagship initiative jointly funded by the Asian Development Bank (ADB) and the Government of Punjab, is poised to gain renewed momentum after a major procedural hurdle was cleared in this week. The Local Government & Community Development Department has officially dismissed a petition that had challenged the legitimacy of the Joint Venture involved in a key contract—paving the way for the project’s progression.

    Launched in November 2024, the DREAMS project aims to revolutionize municipal services and urban infrastructure across Punjab. Designed in accordance with international best practices and governed by the Asian Development Bank’s Project Administration Manual (PAM), the project incorporates robust frameworks for procurement, funding, and oversight to ensure transparency and efficiency. The project besides many other advantages will provide an integrated water supply system based on Chahan Dam for Rawalpindi and augmentation of water supply for Rawalpindi.

    Despite its strong foundations, the project recently faced delays due to procurement-related disputes. Central to the controversy was a contract awarded to a foreign Turkish bidder—initially in partnership with a Local Company. The Joint Venture was dissolved amicably and in accordance with the project’s contractual framework under FIDIC guidelines. However, objections from the Head of City Implementation Team (CIT), a Senior Official at WASA Rawalpindi, temporarily stalled progress. Critics argue that his appointment, attributed to political influence rather than merit, further complicated matters. Paradoxically, the same official later proceeded to sign the contract of Lot-2 and Lot-3 in January 2025, actions that contradicted his earlier objections and added ambiguity to the procurement process. His continuous resistance led to prolonged bureaucratic gridlock, ultimately resulting in his removal in February, 2025.

    Throughout these internal challenges, the Asian Development Bank remained steadfast in its role. ADB issued a No Objection Letter (NOL) confirming that the procurement process adhered to its stringent protocols and that all necessary formalities were completed before the contract awards.

    To reinforce transparency and ensure due diligence, the Chief Minister’s Inspection Team (CMIT) conducted an exhaustive review of the bidding process. Their findings confirmed full compliance with ADB’s procedures, validating the evaluation of the lowest qualified bidder and affirming the legitimacy of the contested contracts. CMIT’s report has now been forwarded to the Planning & Development Board with a strong recommendation for the Steering Committee to formally endorse the project’s continuation at its upcoming session. Officials within CMIT emphasized that earlier Steering Committee engagement could have preempted many of the delays, underscoring the need for timely and collaborative governance in large-scale development programs.

    The recent dismissal of the petition by the Local Government Department—originally filed through the Lahore High Court, Rawalpindi Bench—has significantly clarified the legal landscape surrounding the Joint Venture. This development not only removes a major obstacle but also strengthens investor confidence in Punjab’s commitment to transparent and lawful project execution.

    With these hurdles now largely behind it, the DREAMS project is set to resume full-scale operations. Stakeholders anticipate that the project will now proceed with greater focus and unity, fulfilling its core mission of improving urban infrastructure, enhancing municipal services, and uplifting living standards for communities across Punjab.

    Share. Facebook Twitter WhatsApp
    yasir

    Related Posts

    Islamic Banking Assets Projected to Reach Rs18–19 Trillion by December 2026!

    May 19, 2026

    TECNO Unveils Shot On CAMON Contest 2026 Jointly with Lonely Planet

    May 18, 2026

    Kaukab Iqbal Calls for Strict Regulations Based on Dubai Property Law Model

    May 18, 2026
    Leave A Reply Cancel Reply

    Top Posts

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025189 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026140 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025102 Views

    The Youth 4GCED Regional Workshop launch Regional Workshop Begins in Lahore

    November 1, 202483 Views
    Don't Miss
    Education

    Bangladeshi University Leaders Visit LUMS to Strengthen Regional Academic Linkages

    AKU Showcase Explores AI in Research for Global Impact

    May 19, 2026

    Islamic Banking Assets Projected to Reach Rs18–19 Trillion by December 2026!

    May 19, 2026

    University of the Punjab Hosts Seminar on “New Horizons of Public Relations and Advertising

    May 19, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    NUT is an innovative digital platform, delivering real-time, quality news and analysis on global & Local events. We aspire to empower our readers with accurate, insightful, and diverse perspectives,

    Email: info@newsupdatetimes.com
    Contact: +92 301 4776567

    Facebook X (Twitter) Instagram WhatsApp
    Our Picks

    Bangladeshi University Leaders Visit LUMS to Strengthen Regional Academic Linkages

    May 19, 2026

    AKU Showcase Explores AI in Research for Global Impact

    May 19, 2026

    Islamic Banking Assets Projected to Reach Rs18–19 Trillion by December 2026!

    May 19, 2026
    Most Popular

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025189 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026140 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025102 Views
    © 2026 News Update Times.
    • Home
    • Pakistan
    • Business
    • Technology

    Type above and press Enter to search. Press Esc to cancel.