News

Karachi braces for Rs802b transformation plan

September 4, 2020 09:22 PM


Twitter Share Facebook Share WhatsApp Share

The federal government is expected to unveil development projects worth Rs802 billion under the ‘Karachi Transformation Plan,’ reported 24NewsHD on Friday.

Prime Minister Imran Khan will visit Karachi on Saturday and would announce the details of the plan.

According to details, Rs47.18billion have been spent so far on the development projects including in the Karachi Transformation Plan while another Rs723.25billion will be required to execute the mass transformation of the biggest city and the economic hub of the country, which is suffering since decades due to the absence of adequate town planning and lack of civic amenities.

However, in the current fiscal year, only Rs32billion have been specified for the different project under the plan.

Under the plan, six mass transit projects worth Rs447.43billion would be announced to give the people of Karachi an easy and cost-effective way to move around. These projects also include Karachi Circular Railway project, which has also been ordered to be restored by the Supreme Court of Pakistan and would cost Rs300billion. Among this Rs300bilion, China will provide RS250billion for the Karachi Circular Railway while Sindh will add other Rs50billion.

The plan also includes eight projects to improve the sewerage system of the city, which remained choked whenever it rains. These eight projects would cost Rs162.60billion. 

To address another major problem of the city, Rs14.86billion have been specified for the four solid waste management projects. Similarly, Rs4.70 billion have been specified for the two water drains projects.

Meanwhile, Rs62.30billion would be spent to improve the road infrastructure in the city including new construction and repair work.



Most Read

  1. Mexican claims victory by paying $28 for $28,000 Cartier earrings Mexican claims victory by paying $28 for $28,000 Cartier earrings
  2. Two Railway Police personnel killed in Mardan Two Railway Police personnel killed in Mardan
  3. Ducky Bhai pledges million-rupee reward for unveiling source of deepfake video of his wife Ducky Bhai pledges million-rupee reward for unveiling source of deepfake video of his wife
  4. Aroob Jatoi breaks silence on viral deep fake video Aroob Jatoi breaks silence on viral deep fake video
  5. When Pakistani pilot shot down Israeli fighter plane When Pakistani pilot shot down Israeli fighter plane
  6. Katrina Kaif finally spills beans about Hollywood debut Katrina Kaif finally spills beans about Hollywood debut

Opinion

  1. Employing global best practices in Pakistan-Saudi ties
    Employing global best practices in Pakistan-Saudi ties

    By Nasim Zehra

  2. PML-N smashed PTI in by-polls
    PML-N smashed PTI in by-polls

    By News Desk

  3. Riding the Digital Wave: How Technology is Rewriting the Script of Economic Prosperity
    Riding the Digital Wave: How Technology is Rewriting the Script of Economic Prosperity

    By News Desk

  4. Tax on solar energy: Govt's misplaced priorities favour powerful stakeholders over people welfare  
    Tax on solar energy: Govt's misplaced priorities favour powerful stakeholders over people welfare  

    By Manzoor Qadir

  5. Legacy of Indian military subjugation in Kashmir
    Legacy of Indian military subjugation in Kashmir

    By Dr Ghulam Nabi Fai

  6. Islamabad becoming the hub of international diplomacy
    Islamabad becoming the hub of international diplomacy

    By Salim Bokhari