The online auctions were held on Wednesday, with 950 bids submitted for 28 markets across the three divisions. The competitive bidding process drew interest from a broad range of private contractors and firms and was conducted through a transparent online platform monitored by the Punjab Cattle Market Management and Development Company (PCMMDC) under the supervision of the provincial local government and community development department.

Among the three divisions, Multan recorded the highest revenue from the auctions, generating Rs2.63 billion from 10 cattle markets. Lahore raised Rs2.03 billion and Faisalabad Rs1.91 billion in successful bids. The total figure amounted to Rs6.59 billion, according to the official bidding record.

The largest bid was placed for the Model Cattle Market in Jungle Jaswant Garh in Multan, which fetched Rs1.57 billion. Close behind was the Model Cattle Market in Jhang, awarded for Rs1.16 billion. In Lahore, the Model Cattle Market in Shahpur Kanjran drew the highest bid, securing the contract for Rs1.5 billion.

Other notable bids included the Model Cattle Market in Sheikhupura at Rs486.78 million, Cattle Market Luddan at Rs710 million and Model Cattle Market Niamoana at Rs140.7 million. A number of smaller markets, including Chund Bharwana, Tandlianwala, Gaggoo and Machiwal, also drew healthy bids ranging between Rs14 million and Rs50 million.

Lahore division’s five cattle markets attracted 253 bids, Multan’s 10 markets 240 bids and Faisalabad’s 13 markets 457 bids – pushing the overall participation to 950 bids. Contractors ranged from major construction firms to regional operators.