LAHORE: Prime Minister Imran Khan has said that country's first-ever Central Business District will generate commercial and business activities worth 1,300 billion rupees in the first phase.

Addressing a ceremony held in connection with laying foundation stone of the country's first-ever Central Business District in Lahore, he said this project will witness a major take-off in short span of time and also transform Lahore into a modern city.

Imran Khan said the Central Business District would ensure environment-friendly policies with its unique features of botanical gardens and green spaces.

He said for the first time, the government has introduced policies to provide low-cost housing and encouraged banks to offer mortgage facility to facilitate common man.