On Wednesday, online auctions for cattle markets were held across Punjab. These auctions attracted a total of 950 bids from buyers and contractors in 28 different markets. Altogether, the auctions brought in a huge amount of money—Rs. 6.59 billion—according to official reports.
These auctions were carried out using a digital platform that is open and transparent. The process was managed by the Punjab Cattle Market Management and Development Company (PCMMDC). The Local Government and Community Development Department also supervised the entire activity to make sure everything went smoothly.
Many big contractors and local firms showed great interest in the auctions. Among the three major regions that took part—Multan, Lahore, and Faisalabad—Multan came out on top in terms of earnings. Multan earned Rs. 2.63 billion through bids in its 10 cattle markets. Lahore was next with Rs. 2.03 billion from five markets, and Faisalabad followed with Rs. 1.91 billion from 13 markets.
The success of these online cattle market auctions shows that Punjab is moving in the right direction. By using digital tools and promoting fair competition, the government is helping boost the economy and improve services for the public.
With increasing trust in the system, future auctions are expected to draw even more bids and generate even higher revenues. This could become a model for other provinces in Pakistan to follow.
Biggest Bids and Top Markets
The highest single bid came from Multan’s Model Cattle Market located in Jungle Jaswant Garh. This market was awarded for an impressive Rs. 1.57 billion. In Lahore, the well-known Shahpur Kanjran Model Cattle Market secured a bid of Rs. 1.5 billion. Meanwhile, in Faisalabad, the Jhang Model Cattle Market received a top bid of Rs. 1.16 billion.
Other major bids included:
- Sheikhupura Model Cattle Market – Rs. 486.78 million
- Luddan Cattle Market – Rs. 710 million
- Niamoana Model Cattle Market – Rs. 140.7 million
Even smaller markets saw active bidding. Markets like Chund Bharwana, Tandlianwala, Gaggoo, and Machiwal each attracted bids between Rs. 14 million and Rs. 50 million.
In terms of the number of bids, Faisalabad’s 13 markets received the most attention with 457 bids. Multan’s 10 markets received 240 bids, and Lahore’s five markets got 253 bids. These numbers show that interest in online cattle markets is increasing, especially from private companies and contractors across Punjab.
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