Federal government issues funds worth Rs8 billion for Karachi’s development

The released funds will be used in the reconstruction of Nishtar Road, Manghopir Road, and Signal free corridor from Matric Board office to Sakhi Hassan.

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  • The government of PTI has announced Rs. 162 billion exclusive package for Karachi earlier this year.
  • Amount worth Rs2 billion will be utilized on the construction of Green Line Project functional till Numaish Chowrangi.
  • For the preservation of water in Karachi, the prime minister had said a campaign would have to be launched.

development

On Tuesday, the government of Pakistan has released funds worth Rs8 billion for the completion of continued development projects in Karachi, media sources report.

Sindh Development Company:

The released funds will be disbursed via the Sindh development Company in Karachi. The released funds will be used in the reconstruction of Nishtar Road, Manghopir Road, and Signal free corridor from Matric Board office to Sakhi Hassan.

Amount of Rs2 billion will be utilized on the construction of the Green Line Project, which is functional till Numaish Chowrangi. However, Rs500 million will be spent on the construction of the Institute of Technical and Management Science in Hyderabad.

Special Package

The government announced Rs162 billion exclusive package for Karachi in the month of March. Moreover, while announcing the package, PM said that this special package will have ten projects related to public transportation and seven to the sewerage system.

For the preservation of water in Karachi, the prime minister said that a campaign will be launched.

“What we can do as of now is to launch a water preservation campaign,” PM Khan.

The prime minister further said that we need a master plan for Karachi. Until Karachi’s master plan is ready, the government will think about ways to control things. He further added,

“Vertical construction should be carried out in the city, except the areas close to the airport”.


Also See:

PTI Releases Record High Disbursement Funds For Development Sector

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