Times of Islamabad

Rs 1100 billion Karachi Transformation Plan details revealed by Ministry of Planning

Rs 1100 billion Karachi Transformation Plan details revealed by Ministry of Planning

The Ministry of Planning, Development & Special Initiatives has explainedthe Karachi Transformation Plan.

The Federal Government has committed to the following projects, under theKarachi Transformation Plan announced by the Prime Minister:*S.No* *Projects* *Additional Funds Required*1 Greater Karachi Water Supply Project (K-IV) Rs. 46 billion2 Karachi Circular Railway (KCR) Rs. 300 billion3 Railway Freight Corridor Rs. 131 billion4 Greenline BRT Rs. 5 billion5 Rehabilitation of River, Nullahs & Storm Water Drains and resettlement ofaffected people Rs. 254 billion

The total cost of these projects is estimated at Rs. 736 billion. Of these,the government plans to request the Supreme Court of Pakistan to allow theuse of some of the Bahria Town Settlement Fund (up to Rs. 125 billion)expected to be available during the three-year period of KTP.

Hence the funding estimated to be arranged by the Federal Government is Rs.611 billion. The remaining Rs. 375 billion (out of the total package ofmore than Rs. 1100 billion) is shown as the provincial government’sresponsibility.

During the meetings held for the finalization of KTP, the provincialgovernment expressed the desire to take responsibility for the KCR project.However, railways is a federal subject, as per Part-II of Schedule-IV ofthe Constitution of Pakistan. Equally importantly the Supreme Court ofPakistan has also conducted hearings with regard to KCR and directed thatthe federal government/railways should undertake the project. The federalgovernment is, therefore, duty-bound to implement this project.