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• Recommends bill to set up Federal Government Real Estate Management Authority

• Cites encroachments on government land

ISLAMABAD: The National Assembly Standing Committee on Cabinet Secretariat on Tuesday recommended legislation to establish a Federal Government Real Estate Management Authority, citing widespread encroachments and poor economic returns from state-owned properties.

The committee, which met under the chairmanship of Malik Ibrar Ahmad, unanimously recommended the proposed bill for passage by the assembly without amendments. It stressed the need for “prudent utilisation of government properties for optimum economic benefit”.