New coastal city in Karachi to be built on reclaimed land: Shaukat
ISLAMABAD: Prime Minister Shaukat Aziz on Monday said the setting up of a new coastal city in Karachi would augur well for the development and investment climate in the country.
Speaking at a presentation from the Dubai World, a Dubai government-owned company, at the PM House, Shaukat said the new city would be built on a reclaimed land from the sea to provide housing facilities to the people from every income group.
He said the UAE companies involved in the project are working all over the world in real estate field and their coming to Pakistan is a welcome step. “The expertise of these companies regarding land reclamation will immensely benefit Pakistan,” he added.
The prime minister said Pakistan welcomes this environment-friendly project, which will provide better housing facilities to the people and improve their living standard. “The project, which involves investment worth billions of dollars will also help create thousands of new jobs.”
The prime minister was informed that the details of the project would be finalised by the investors in consultation with the federal government and the Sindh government. On the occasion, Sindh Chief Minister Dr Arbab Ghulam Rahim said that the Sindh government, welcomed this huge investment in the province and will extend full cooperation in this regard as the project would directly benefit the masses.
Ports and Shipping Minister Babar Ghauri said that Karachi Port Trust would also extend all-out cooperation in making the project a success. The presentation also attended by Privatisation Minister Zahid Hamid, Minister of State and Chairman Board of Investment, Umar Ahmed Ghumman, Karachi City Nazim Mustafa Kamal and senior government officials.
Later, talking to Chief Minister Dr Arbab Ghulam Rahim, who called on him at the Prime Minister House, Shaukat said the PML’s victory in by- election to a Sindh Assembly seat was a vote of confidence by the people in the policies and performance of the government.
“Buoyed by victory, the Sindh government should redouble its efforts now to resolve problems of the people and expeditiously provide them amenities of life, including roads, gas, electricity, clean drinking water and the facilities of education and health at their doorsteps.”
The prime minister also discussed the political situation in Sindh and appreciated the chief minister’s successful efforts to enrol a large number of new members into the party. Arbab said that Sindh had greatly benefited from the agricultural policies of the federal government, which have positively impacted the crop situation and enhanced the income of the farming community. He also apprised the prime minister of the timely implementation of the development projects in Sindh.
Source: The News
Date:2/20/2007
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