Islamabad: In a significant development, the Capital Development Authority (CDA) and the Pakistan Cricket Board (PCB) have agreed to collaborate on constructing an international cricket stadium in Islamabad. According to a reliable news source, Shakil Shaikh, a member of the PCB management committee, held a productive meeting with CDA Chairman Noorul Amin Mengal at the CDA headquarters, where they reached a preliminary understanding regarding the stadium project. The stadium was decided to be near D-12, nestled in the picturesque Margalla Hills foothills.
During the meeting, the CDA Chairman revealed that a dedicated plot of 25 acres had been allocated to establish the cricket stadium. Both parties are now preparing to formalize their collaboration by signing a Memorandum of Understanding (MoU) shortly.
Under the agreement, the PCB will oversee the construction of the state-of-the-art International Cricket Stadium, while the CDA will generously contribute to the designated land. The two entities will share the financial benefits generated from the stadium’s operations. Although the specific terms and conditions are yet to be determined, the revenue-sharing ratio has been tentatively set at 30:70, with 30% going to the CDA and 70% to the PCB.
This landmark partnership between the CDA and PCB promises to bring an exceptional cricketing facility to Islamabad, paving the way for international matches and further enhancing the city’s sporting landscape.