Islamabad, Sep.17 (ANI): The US embassy in Islamabad has raised security concerns over the multi-billion rupee private hotel project, due to which the Capital Development Authority (CDA) has virtually been forced to shelve it.
According to The Nation, under pressure from the US embassy, the construction work at the site has been suspended and the owners of the hotel are now planning to shift the project to some other location.
The US embassy has raised objections saying it is too close to comfort and may cause serious security issues.
However, the CDA has rejected reports regarding any US interference in the construction of the seven storey building.
CDA official spokesman and Director General Syed Mustafain Kazmi said that financial issues had forced the promoters of the project to stop the work, and the US embassy has nothing to do with it.
"Bank debt and rescheduling of loans is the main reason of the slow-down of the hotel project that is located near the National Convention Centre," Kazmi said. (ANI)