Riaz Hussain Wins Bid for Eid ul Azha Market

The annual Eid ul Azha livestock market in the twin cities has set a new record this year with a successful auction reaching a staggering Rs 109.9 million. The market, situated at Bhatta Chowk, will require an entry fee of Rs 3000 for large animals and Rs 2000 for small animals. The management contract for the market was awarded to Riaz Hussain, who secured the bid through Moin Khan, outbidding 19 other participants in the recent auction.

Highlighting the significance of transparency and adherence to health and safety standards, CEO of Rawalpindi Cantonment Board, Syed Ali Irfan Rizvi, oversaw the auction process for the Eid ul Azha 2024 cattle market. The strict regulations implemented during the auction led to a substantial increase in the final bid amount, rising from last year's Rs 89.5 million to the current Rs 109.9 million.

The successful auction of the largest livestock market in the twin cities not only reflects the growing importance of Eid ul Azha celebrations but also underscores the commitment to upholding fair practices and standards in such significant events. With the increased bid amount, this year's market promises to offer a vibrant and competitive environment for buyers and sellers alike, ensuring a prosperous Eid ul Azha celebration for all participants.