EOBI Town Lahore – PRIMACO requires Pre-Qualification for Consultancy Services
Lahore (Thursday, January 03, 2013) – PAKISTAN REAL ESTATE INVESTMENT AND MANAGEMENT COMPANY (PVT) LIMITED (PRIMACO), a organisation of Employees Old-Age Benefits Institution (EOBI) has required pre-qualification for consultancy services to construct, manage and supervise its new proposed EOBI town near Thokar Niaz Baig at Multan Road Lahore.
EOBI Town Lahore Total Area = 935 Kanal
Last Date to apply = January 21, 2013
PAKISTAN REAL ESTATE INVESTMENT AND MANAGEMENT COMPANY (PVT) LIMITED (PRIMACO)
Employees Old-Age Benefits Institution under the Ministry of Labour, Manpower and Overseas Pakistanis, Government of Pakistan is an organization responsible for payment of benefits to industrial, commercial workers etc in the light of Article 38(c) of the Constitution of Islamic Republic of Pakistan. The Institution collects 6% of the wages from employers and pays pensions to the millions of workers by generating income from investments in government securities, equities and Real Estates. The Institution is currently managing an investment portfolio of Rs. 117.00 billion.
To earn the maximum yield on the funds generated through collection of contribution from employers, EOBI has formed a company PAKISTAN REAL ESTATE INVESTMENT AND MANAGEMENT COMPANY (PVT) LIMITED, duly registered with Securities Exchange Commission of Pakistan with a paid-up capital of Rs. 100 Million. The company is responsible for acquiring land, its development, constructing of state of the art Shopping Malls, Hotels, Residential Complex etc.