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Project Profile

Commercial Utilization of MoIB properties On PPP
Project Information
Details
Sector
Real Estate/High-Rise
Implementing Agency
Ministry of Information and Broadcasting
Location
Islamabad -Blue area
Estimated Project Cost
In approval process
Status
PQP Completed
Overview
MOIB intend to construct multi-story buildings on its plots for commercial use, while ensuring space for its own office requirements.

Plot number 58, F6/G6, Islamabad (measuring 2844.84 square yards)
Street 44, Block 15, Scheme 36 Gulistan-e-Jauhar, Karachi (measuring 2199.98 square yards).

Presently, MOIB consists of approximately fifteen (15) departments/wings with over a thousand employees, some of whom operate from rented spaces, resulting in an annual rental expense of about PKR 149.174 million. Given the escalating rental costs and accommodation demands,.


Salient Features
Implementation Modality PPP/ completely Design, Build, Finance, Maintain, Operate and Transfer (DBFMOT).
The Project will be implemented using Project Finance structure whereby the private party will form a dedicated project company to implement and execute the Project for a total of 20 years period (which includes 3 years construction period).
Government Contributions
Provision of Land
Government Return
1. Subsidised rent or rent free space for the ministry
2. Corporate taxes for the government
3. Project assets, at no cost, at the end of concession period.
Private Party Return
The private party receives returns through various revenue streams generated by the project, such as rental income from commercial spaces, operational revenues from facilities management. Additionally, the private party benefits from the opportunity to showcase expertise in project development, operation, and management within a regulated framework, potentially leading to further business opportunities.
Contact:
Head Projects
Phone: +92 51 921 1983-5
E-mail:.m.danish@p3a.gov.pk
Public Private Partnership Authority (P3A)
5th Floor, Evacuee Trust Complex, Agha Khan Road, F-5/1, Islamabad, Pakistan
Phone: +92 51 921 1983-5