Objectives and Functions of BDA
The Balochistan Development Authority is actively involved in economical development of Balochistan in the field of Communication, Agriculture and Industries as the back bone of Government of Balochistan the Authority was established on 1974 for Economic Development of Balochistan. BDA is involved since last 36 years for development of Balochistan Province. During this tenure following development activities have been taken in hand.
OBJECTIVES & FUNCTIONS
Balochistan Development Authority (B.D.A) was established in 1974 under Balochistan Act No. X of 1974, and works under the administrative control of Planning & Development Department Government of Balochistan.
The following duties are assigned to B.D.A under the Act: to Promote Economic and Industrial Development in Balochistan.
and execution of comprehensive development programs including projects and
schemes relating to land and water development, power agriculture, industry,
minerals exploration and development including establishment of minerals based
industries and other industries and Government may direct along-with other
duties to be assigned by the Government from time to time.
- The B.D.A.
can sponsor companies with the approval of Government.
B.D.A. can participate in joint ventures with private sector.
B.D.A. can raise funds to carryout its functions by issuing Bonds and
Debentures The B.D.A. can also borrow foreign currency from IBRD, Asian Bank or
any other source under the above Act.