Home »Business and Economy » Pakistan » Funds for Karachi’s uplift projects still awaited from centre
The development projects of road infrastructure, mass-transit, water and sewerage didn't receive any funds from the federal government in the first two months of the current financial year. According to official data on country-wise releases of funds against development projects showed that in the first two months (July-August) of financial year 2019-20, these development projects of Karachi are still awaiting the release of funds from the federal government.

Official figures show that Rs 2 billion has been set aside for the current year PSDP for Greenline Bus Rapid Transit System (BRTS). Rs893 million has been allocated for construction of Fly-over at Sakhi Hassan, Five Star, & KDA Roundabout along Sher Shah Suri Road under Karachi Package.

Federal government has allocated Rs 1.064 billion and Rs 1.118 billion in PSDP for re-construction of Mangho Pir Road from Jam Chakro to Banaras, Karachi Karachi Package and Re-construction of Nishtar Road & Mangho Pir Road, Karachi respectively.

Similarly, Rs.855 million have been set aside for Rehabilitation/ Upgradation of Existing Fire Fighting System of KMC and Rs.500 million have been earmarked for construction of Flyover on Jinnah Avenue M-9.

Rs 200 million have been allocated for construction of Road from Dumlotte Wells up to Link Road Adjacent to Education City District Malir, Karachi and Rs 50 million have been set aside for construction of Road over Malir Bund from Dada Bhoy Town / Expressway up to Limits of PNS Mehran, District East, Karachi and Rs.2.5 billion have been allocated for Green Line BRTS Operations under Karachi Package.

Rs 500 million were set aside for Establishment of Combined Effluent Treatment Plant (CETP) for Industrial Areas of Karachi including Laying of Interceptor Sewers (33% Federal Share).

Greater Karachi Water Supply Scheme (K-IV) (Karachi) has 50:50 Cost Sharing of federal and Sindh Governments, for which Rs 800 million were allocated as part of federal share for the project.

Likewise, development Schemes under Prime Minister's Programme in Sindh didn't receive any fund for which Rs 5 billion have been allocated in PSDP of the current year.



Copyright Business Recorder, 2019

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