Islamabad: Higher Education Commission (HEC) and Bahria Town (Private) Limited are close to ink a Sale Deed for transfer of 80 Acres of land and building infrastructure to set up Hyderabad Institute for Technical and Management Sciences.
Sources in Ministry of Federal Education and Professional Training told Newztodays.com that Ministry of Law and Justice has vetted a Sale Deed between Higher Education Commission (HEC) and Bahria Town (Private) Limited for transfer of 80 Acres of land and building infrastructure to set up university in Hyderabad.
However, it is unclear whether the HEC was going to acquire land from Bahria Town through bidding or without bidding.
On a Summary moved by Federal Education and Professional Training, the Cabinet in its meeting held on in August last year considered the draft bill of “Federal Institute at Hyderabad and approved in principle for legislation.
On May 09, 2019, an Memorandum of Understanding (MoU) was signed between HEC and Bahria Town (Private) Limited for transfer of 80 Acres of land and building infrastructure at Gulistan-e-Sarrnast (Kohsar Zone), situated at Deh Ganjo Takkar, Taluka Hyderabad for the institute.
Following this MoU, a Sale Deed prepared by HEC and after vetting by the Ministry of Law and Justice was shared with Chief Executive, Bahria Town by HEC for its endorsement and undertaking the same. The transfer of land is under process.
The Project titled “Establishment of Federal Institute of Hyderabad” was approved by the CDWP in its meeting held on 4th December, 2017 with a total cost of Rs. 1855.720 million. The project is included as an approved project in PSDP 2019-20 with an allocation of Rs 500 million for the current financial year.
In addition to land and buildings, which are under transfer process from Bahria Town, HEC has discussed with Civil Aviation Authority to provide 100 acres of land to meet the total requirement of the institute. The matter is being followed by HEC and Governor House.