Islamabad: On April 5, a news source stated that the Capital Development Authority (CDA) had made the decision to put up for auction a number of kiosks—also known as vending machines—located throughout the capital city.
Learn more: To Generate Additional Revenue, the CDA to Hold Auction for Commercial Lands
The sale for selling spots will occur from May 15 to 17, beginning at 10 AM, at the Resident Club in F-9, as per CDA Director Noorul Amin Mengal, who is additionally the Main Magistrate of Islamabad. He stated that the planning wing’s approved kiosk auction will be held by Metropolitan Corporation Islamabad.
There will be a total of 1,807 vending points sold at auction, with 200 kiosks up for grabs next month, according to the information. These kiosks can be used by businesses that sell juice, shakes, tea, coffee, fruits, vegetables, hamburgers, snacks, tuck shops, decorations, and gifts. Parking lots, playgrounds, parks, bus stops, and markets will all have these vending machines.
Learn more: For Free Business Listing in Pakistan
The information states that the kiosks will be constructed in accordance with a particular design in an effort to enhance the federal capital’s beauty. Under this plan, the bidder who comes out on top will get a 10-year license to operate the vending machine.
CDA Chairman Mengal has made it clear that there will not be seating at the kiosks because doing so could encroach on state-owned property.
According to MCI Administrator Irfan Nawaz Memon, the winning bidder will receive a design for installing the vending locations.
The chairman claims that the auction will increase commercial activity and remove obstructions from Islamabad’s public spaces and sidewalks.
W/R
@Geze