Prime Minister announces Rs.162 billion development fund for Karachi

Karachi: Prime Minister Imran Khan has announced a development package of Rs.162 billion for Karachi. The package includes 18 projects and a total of 10 schemes targeted towards improved transportation facilities and road infrastructures. The Prime Minister has already given approval for the development of a master plan for the city of Karachi.

invest with imarat

Islamabad’s emerging city centre

Learn More

The Karachi development fund will cater to infrastructure development funds including widening of the Northern Bypass, improvement of Lyari Expressway project and Green Line Bus project. Projects on water and sanitation are also a priority.  The government will install multiple reverse osmosis plants to supply the city of Karachi with purified and drinkable water. A water institute will also be established in Karachi for research on supply, conservation and management of water in the city.

Trade Development Authority Secretary Saleh Farooqui shared that directives have been given to relevant departments to prepare PC-1 for all the projects.

For news and updates keep on visiting Graana blog

Maham Tahir

Recent Posts

Govt Plans Strict Tax Measures Against Non-Filers in Upcoming Finance Bill

Islamabad: The federal government is likely to include the Tax Laws (Amendment) Bill, 2024 in…

3 hours ago

Pakistan Awaits IMF Verdict on $2.3 Billion in Loan Approvals

Islamabad: The International Monetary Fund (IMF) Executive Board is set to convene on Friday, May…

9 hours ago

Lahore-Rawalpindi Bullet Train Project Lauded as a Major Milestone for Punjab’s Development

Members of the National and Punjab Assemblies have lauded the provincial government’s plan to introduce…

1 day ago

CDA Sets New Record with Rs25 Billion Development Expenditure This Fiscal Year

ISLAMABAD: The Capital Development Authority (CDA) has recorded a historic development expenditure of Rs25 billion…

2 days ago

Islamabad Set to Inaugurate State-of-the-Art IT Park on August 14

ISLAMABAD: The federal government is set to inaugurate the Islamabad Information Technology Park on August…

4 days ago

Lahore’s Central Business District Completes PKR 9 Billion Smart Road Project

Lahore, April 23, 2025 – The city of Lahore has successfully completed the construction of…

5 days ago