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

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

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

The Federal Government has committed to the following projects, under the Karachi Transformation Plan announced by the Prime Minister: *S.No* *Projects* *Additional Funds Required* 1 Greater Karachi Water Supply Project (K-IV) Rs. 46 billion 2 Karachi Circular Railway (KCR) Rs. 300 billion 3 Railway Freight Corridor Rs. 131 billion 4 Greenline BRT Rs. 5 billion 5 Rehabilitation of River, Nullahs & Storm Water Drains and resettlement of affected 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 the use 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 of more than Rs. 1100 billion) is shown as the provincial government’s responsibility.

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