Our cities are sprawling across agricultural areas with no boundaries increasing our fuel burden as well as creating a huge polluted space for our lives.
Most cities (New York, London, Beijing, etc.) have found huge investment, growth and employment opportunities in urban regeneration - the redevelopment of old neighborhoods that have huge populations living in poor conditions.
Several examples of this are found in all our cities - Raja Bazar in Rawalpindi, Mall Road in Lahore, Saddar in Karachi etc.
What is holding back urban regeneration is:
The excessive regulatory framework that has been imposed by the bureaucracy in the form of zoning and building rules which has restricted the development of high-rise, flats, mixed-use, public spaces, community
paces, density and walkability.
The huge tracks of very valuable downtown real estate that is held by the
colonial bureaucracy for official housing and public sector dead capital.
In our urban regeneration study, PIDE points out the huge economic opportunities through the following questions:
- Can urban regeneration create more livable and compact environment
friendly spaces for people to grow in?
- Urban Regeneration would not involve any public sector funds. It will involve rule changes - zoning, building height, etc.
- Private sector investment could expand largely and create huge employment opportunities while also making our cities more livable. What are the impediments in making this happen and how could they be removed?
- Would local government of the type we are suggesting with lesser role for a federal CSS help in this endeavor?
#Cities #Growth #UrbanRegeneration #EnginesofGrowth #EconomicCrisis #Budget2024 #IMF #Pakistan #Economy #Planning
Panelist:
MUHAMMAD OMAR MASUD
Chief Executive Officer, The Urban Unit, Government of Punjab
MUHAMMAD SHOAIB
Chief Executive, Spatial Logics Consulting Pvt. Ltd.
MUHAMMAD NOSHEED ULLAH SHAH
Architect/Independent Researcher
FAUZIA RIZWAN
Director, The Urban Solutions Pvt. Ltd.
IMRAN ALI SULTAN (Moderator)
Program Director, Punjab Affordable Housing Program
For Further Details Please Visit:
@PIDEOfficial
www.pide.org.pk
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