The Ravi Riverfront Urban Development Authority (RRUDA) is working day and night to launch the project’s first phase. Phase-I of Ravi City is estimated to cost around 1 trillion PKR including the 200 billion acquisition cost.
The project has already attracted a lot of attention from Overseas Pakistanis and Foreign Investors. Being the longest riverfront project in the whole world, it is a huge opportunity for local as well as international developers especially China. This new project is aimed to have 13 special centers including a health city and sports city. The government obviously doesn’t have the budget to complete this project through public funds so the ruling leaders are in process of negotiations with the interested developers so this project can be initiated as soon as possible.