Land for a new 5-star hotel on Shahrah-e-Quaid-e-Azam

The Privatisation Commission has invited Expression of Interest (EOIs) from financially strong parties with operating experience/ commitment/ plan to own and run a five star hotel on prime land on Shahrah-e-Quaid-e-Azam, Lahore, which is presently titled as “Services International Hotel (SIH)” with an area of fourteen (14) Kanals and eighteen (18) Marlas.

The available clear title of the land is in the name of Punjab Cooperatives Board for Liquidation (PCBL) to operate a hotel. The bidders for the land shall undertake to commence construction and operate a high-rise state of the art five star hotel in an agreed time frame.

The interested parties have been asked to send their EOIs giving details about the organisation, individual/ consortium of investors and audited accounts or bank statement for the last three years along with copies of CNIC, NTN, Telephone, Fax, Mobile, Email and the name / address of the focal person for correspondence.

The last date for EOI is 30th April, 2006.

News Source: Paktribune.com

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