CDA wins Rs 17 billion auction, Shibli Faraz

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CDA wins Rs 17 billion auction, Shibli Faraz

Federal Minister for Information Senator Shibli Faraz has said that the Capital Development Authority (CDA) has won the auction of Rs 17 billion in three days.

In a statement, Shibli Faraz said that the auction of Rs 17 billion by CDA reflects the confidence of investors.

He said that this expression of confidence of investors will provide thousands of jobs to the people.

Shibli Faraz added that in the event of a corona virus, the move would boost industrial and economic activity.