Federal government considered the much awaited infrastructure projects of the city of lights worth Rs739 billion titled Karachi Transformation Plan to be financed through public-private partnership (PPP). The Central Development Working Party (CDWP) granted its go ahead for undertaking the Karachi Transformation Plan (KTP) at an estimated cost of Rs739 billion that would be financed through the Public...
Karachi commissioner Navid Ahmed Shaikh oversaw on Tuesday the sealing of Tejori Heights- an under construction building being erected on a piece of land claimed by the Pakistan Railways and allocated for the Karachi Circular Railway (KCR) in Gulshan-e-Iqbal- bringing its construction to a halt. The move came following a Supreme Court order issued earlier this week. The bench had directed the builder of...
The Economic Coordination Committee (ECC) of the Cabinet on Thursday “endorsed” Rs739 billion Karachi Transformation Plan (KTP) and allowed revision in the Master Plan for five terminals at Port Qasim. The meeting of the ECC presided over by Finance Minister Dr Abdul Hafeez Shaikh. ECC discussed the plan thoroughly and endorsed, in principle, with the direction to secure approval from all...
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