Karachi

Green Line to operational from October and K4 Water to start this fiscal year

Prime Minister Imran Khan directed the officials on Tuesday to ensure completion of all projects under the Karachi Transformation Plan (KTP) within the timelines. Imran, during a visit to the provincial capital, chaired a meeting to review the progress of ongoing development projects under the KTP. The meeting was attended by Sindh Governor Imran Ismail, Planning Minister Asad Umar, Railways Minister...

Bank Al Habib finally acquired one of the most expensive building in Karachi

Bank Al Habib Limited (BAHL) announced that it has purchased ‘Centrepoint Building’ from TPL Properties, located in Karachi. TPL Properties also notified to Pakistan Stock Exchange that “Further to our earlier disclosures of August 20, 2020 regarding sale of the Company’s flagship project “Centrepoint” located off Shaheed-e-Millat Expressway near KPT Interchange, Karachi, we are pleased to...

NHA approves Hyderababd-Sukkur M-6 Motorway

The National Highways Authority (NHA) Executive Board has reviewed its earlier decision and approved three mega road projects including Hyderabad-Sukkur Motorway (M-6), a critical component of the China-Pakistan Economic Corridor (CPEC) on Public Private Partnership (PPP) mode with an upfront government support in the form of Viability Gap Funding (VGF), Business Recorder informed. For this purpose,...

NED University showcased affordable low-cost model home at campus

The NED University of Engineering & Technology’s Centre, Karachi for Affordable Housing & Sustainable Built Environment (CAHSBE) inaugurated an affordable low-cost model home at the varsity’s campus on University Road. The varsity had established the centre in the year 2019 in support of the vision of Prime Minister Imran Khan to provide housing units with allied facilities to all,...

Economic Zones around Karachi gives tremendous opportunities of business & jobs

Construction of China-Pakistan Economic Corridor (CPEC) & Special economic zones is a catalyst for Pakistan’s industrialization. Besides, economic growth, people would also see millions of jobs opportunities through industrialization of these Industrial Special Economic Zones. At a meeting of 7th Board of Approvals (BoA) of the Board of Investment (BoI) chaired by the Prime Minister Imran Khan,...

Shaukat Khanum Cancer Hospital DHA City Karachi development in full swing

Construction work at Shaukat khanum Memorial Cancer Hospital and Research Centre Karachi is underway at full pace and this will be the third and largest Shaukat Khanum hospital of Pakistan. The Shaukat Khanum Memorial Trust (SKMT) has established a number of hospitals, laboratories, and research centres across Pakistan. The Shaukat Khanum Memorial Cancer Hospital and Research Centre in Lahore was the...

Computerization of land records in Sindh including Karachi

The Supreme Court directed the relevant authorities to end illegal occupation of state property across Sindh including Karachi. It further issued orders for the restoration of green belts, removal of encroachments from parks and playgrounds and ending the illegal occupation of land owned by the forest and irrigation departments across the province. The directive from a three-member bench headed by...

Supreme Court sought report on Illegal Housing on Kidney Hill Park

The National Account­ability Bureau (NAB) on Tuesday approved filing of a reference against Ejaz Haroon, former chairman of the Pakistan International Airlines, Abdul Ghani Majeed of Omni Group and others in an accountability court for their alleged involvement in illegal allotment of plots in Overseas Cooperative Housing Society, Kidney Hills, Karachi. The decision was taken at a meeting of the...

CDWP approved Karachi Transformation Plan

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...

Restore KCR completely, Supreme Court ordered

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...

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