Islamabad: The Pakistani Auditor General has said that the Capital Development Authority (CDA) is losing money due to an unusual delay in the completion of the Shakarparian Cultural Complex. The Rs. 1.1 billion project was started without a feasibility study in 2007-2008 and was abandoned by the CDA in 2009 after spending Rs. 420 million and just 28% of the work had been finished.
According to the project’s PC-1, the 28.5-acre site would be home to an auditorium, amphitheatre, piazza administration building, two theatres, conference hall, seminar hall, cafeteria, and coffee shop.
According to the audit report for the fiscal year 2020-21, the CDA board of directors decided in principle in 2017 that work on the project could begin after a detailed review by member engineering and completion of mandatory codal formalities such as a feasibility study and an Environmental Impact Assessment (EIA).
Quoting CDA’s reply, the report stated that the authority had informed the audit team that they were working on multiple options including outsourcing of the subject facility while ensuring that the money spent in not made redundant.