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ISLAMABAD: The Employees Old-Age Benefits Institution (EOBI) is being commercially involved in Jinnah Medical Complex and Research Center (JMC) project in Islamabad under instruction of the Prime Minister.

Following the Prime Minister’s instructions, the Ministry of Planning, the Ministry of Finance, and the Chairman of Capital Development Authority (CDA) were tasked with consulting the chairman of EOBI to explore the possibility of involving EOBI in the commercial aspect of the JMC project under mutually-agreed terms and conditions.

Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal, chaired a progress review meeting on the JMC project, here in Islamabad on Tuesday.

Call to raise EOBI pension equivalent to minimum wage

Iqbal highlighted that the Prime Minister has given clear instructions to include EOBI in the project’s investment plan to maximise financial benefits.

During the meeting, a detailed briefing was provided regarding the implementation of directives issued in the previous meetings as well. It was informed that the master plan and the PC-II for the project have already been approved.

The Ministry of National Health Services, Regulations, and Coordination (MoNHSRC) has reported that an initial consultation with the chairman of EOBI has taken place, where both parties mutually agreed to first conduct a feasibility study of the JMC project. Following the study, a proposal will be developed for EOBI’s consideration regarding investment in real estate and its involvement in the commercial aspect of JMC under mutually-agreed terms and conditions. The Aga Khan University (AKU) consultants will assist the CDA in selecting local consultants for detailed design and construction supervision.

The CDA has already floated an Expression of Interest (EOI) for hiring local consultants, with the final submission underway. The consultants will be responsible for preparing detailed engineering designs, the Bill of Quantities (BOQ), project supervision, and quality control. Iqbal has directed CDA officials to ensure the consultants’ work meets international standards, stressing that there should be no compromise on quality.

The minister further directed that the designs for the JMC should be finalised at the earliest, ensuring the project aligns with modern standards and emerges as a “state-of-the-art” facility.

Copyright Business Recorder, 2025

Comments

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Mumtaz Malik Jan 08, 2025 12:02pm
A special court of the Federal Investigation Agency (FIA) has acquitted former Employees Old-Age Benefit Institution (EOBI)chairman Zafar Iqbal Gondal and others in a Rs40 billion scam case.
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Mumtaz Malik Jan 08, 2025 12:03pm
Those acquitted in the decade-old case included Iqbal Haider, Najamus Saqib, Abid Hussain, Asif Hayat and Abdul Qayyum. The court acquitted them as the prosecution failed to produce evidence in support of the allegations of Rs40bn corruption against them.
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MOMI Jan 08, 2025 12:12pm
The transparency of institutions remains a significant concern, especially in light of the dismissal of a 40-billion-rupee fraud case. Many are questioning whether this marks the beginning of a new,
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MOMI Jan 08, 2025 12:14pm
Many are questioning whether this marks the beginning of a new era of corruption. The Employees' Old-Age Benefits Institution (EOBI) has been facing criticism for delays in disbursing pensions and for
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MOMI Jan 08, 2025 12:15pm
And for failing to address the dire financial situation of pensioners. With the current pension amount ranging from PKR 8,500 to PKR 10,000 and no increase announced in the last budget,
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MOMI Jan 08, 2025 12:16pm
And for failing to address the dire financial situation of pensioners. With the current pension amount ranging from PKR 8,500 to PKR 10,000 and no increase announced in the last budget,
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MOMI Jan 08, 2025 12:17pm
It is becoming increasingly difficult for pensioners to survive on such a minimal amount. This raises serious questions about the government's commitment to safeguarding the welfare of its senior,
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MOMI Jan 08, 2025 12:20pm
This raises serious questions about the government's commitment to safeguarding the welfare of its senior citizens and ensuring the sustainability of the pension system.
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Khan iftikhar Jan 08, 2025 08:39pm
EOBI is alread a lot of wasted poor workers money. No raise in EOBI Pensioners who get 8000-10000 a month. Shame for people
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