Karachi to soon emerge as a modern city
“The city is fast developing under the dynamic leadership of Nazim Mustafa Kamal and he introduced a new development vision by completing mega projects like flyovers and under passes within 6-8 months which otherwise take years to complete”, he said.
He said that total outlay of Taameer-e-Karachi programme, which spans over the period 2005Â07, stands at Rs. 29 billion out of which Rs.5 billion are shared by federal government, Rs. 6 billion by Sindh Government, Rs. 6 billion by City Government and Rs. 12 billion by stake-holders.
He said the stake-holders include Pakistan Steels, Port Qasim Authority, Export Processing Zone Authority, Civil Aviation Authority, Military Land and Cantonments, National Logistic Cell, Export Promotion Bureau, Karachi Port Trust, Oil Companies, State Bank/Banks, DHA and Ministry of Works.
He said KPT was assigned with the construction of a 2-level fly over at Hino Chowrangi at a cost of Rs. 594 million, Rehabilitation of 4.55 Km long Mai Kolachi Bypass Rs 699 million, Rehabilitation of 2.56 Km long M.T. Khan Road Rs. 266 million, Rehabilitation of M.A. Jinnah Road Rs 439 million.
PQA is to carry out the completion of Shahrah-e-Mehran in Rs
119.440 million, construction of 1.9 Km road from National Highway to Shahrah-e-Mehran Rs 250 million. EPA is to carry out feasibility and design of link corridor between Road 8000 and Shahrah-e-Mehran Rs 2.355 million.
Pakistan Steels is constructing flyover at Quaidabad at a cost of Rs 217 million besides dualisation of link road connecting National Highway with Super Highway at a cost of Rs 575 million.
PIA was to improve and rehabilitate University Road from Mazar-e-Quaid to Malir Cantt. Rs 312 million while State Bank is to rehabilitate 2.25 Km 1.1. Chundiigar Road Rs 230 million.
Other projects included improvement and rehabilitation of 4.8 Km Shahrah-e-Gh21b Rs 266 million, improvement and rehabilitation of Sharah—e-Faisal from Jinnah Terminal to Pakistan Steel Rs 630 million, construction of road from Super Highway to Jinnah Terminal via Malir cantt. Rs 789 million, Road-8000 Korangi Rs 950 million, Bridge over Malir River connecting Shah Faisal Colony with Korangi No 1 0 Rs 1057.593 million, construction of Sohrab Goth Inter-change RL,
439.610 million.
Source: Busniess Recorder
Date:2/5/2007
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