Federal govt. allocates Rs16bn for Karachi uplift projects

Islamabad:      The Federal Government has allocated Rs16 billion for 44 ongoing and new development projects in Karachi under Public Sector Development Programme (PSDP).

The Prime Minister’s Karachi package included five projects, with an estimated cost of Rs35.206 billion. So far, Rs25.837 billion has been spent while the remaining Rs9.369 billion is required for the timely completion.

The projects include:

• Reconstruction of Mangho Pir Road from Jam Chakro to Banaras Karachi
• Construction of flyover at Sakhi Hasan Five Star & KDA Roundabout along Sher Shah Suri Road Karachi
• Green Line Bus Rapid Transit System Karachi
• Reconstruction of Nishtar Road & Mangho Pir Road Karachi
• Rehabilitation of existing Fire Fighting System of KMC

Details of the allocated and incurred budget

Project                                     Total Allocated Budget                                    Incurred Budget

Green Line Bus                       Rs24.604 billion                                               Rs21.166 billion

Greater Karachi                      Rs12.755 billion                                               Rs9.598 billion

Water Supply Scheme

(K-IV)

Lyari Expressway                  Rs4.359 billion                                                 Rs4.310 billion

Combined Affluent                 Rs3.894 billion                                                Rs500 million

Treatment Plant

(CETP)

M-9                                               Rs3.7 billion                                                   Rs.141 billion

Mangho Pir Road                      Rs2.440 billion                                              Rs1.376 billion

Flyover Sakhi Hasan                Rs2.380 billion                                              Rs1.493 billion

Fire Fighting System               Rs1.876 billion                                              Rs1.021 billion

University of Karachi uplift   Rs1.680 billion                                            Rs75 million

Dawood University                 Rs579 million                                                Rs445 million

Waste Water Treatment Plant Rs52 million                                              Rs31 million

Karachi Expo Centre             Rs2.677 billion                                              Rs100 million