Sindh Govt Approves Rs9.28B for Karachi Industrial Growth, marking a historic decision to strengthen Karachi industrial areas. This Rs9.28 billion development package aims to improve infrastructure, boost industrial efficiency, and restore investor confidence in the city. Senior Minister Sharjeel Inam Memon emphasized that this initiative reflects the provincial government’s commitment to economic development in Karachi.
The development package will fund industrial infrastructure projects across major industrial zones. The funds will come from the Infrastructure Development Cess, collected from industrial contributions, ensuring fair fund allocation based on priority needs. The government plans to complete the first phase of projects within six months, focusing on transport and logistics improvement, reducing business costs, and enhancing industrial growth and efficiency.
To maintain quality, pace, and transparency, a supervisory committee will closely monitor all projects. Provincial government initiatives aim to restore industrial infrastructure and create a competitive industrial hub. Sharjeel Inam Memon noted that successful implementation will increase investor confidence in Karachi and attract further Sindh government investment in future projects.
Industrial zones funding under this package will prioritize improvements that directly impact business operations. Roads, logistics networks, and utility services will be upgraded to support industrial development in Sindh. The Rs9.28 billion package will modernize facilities, boost economic growth, and create jobs in Karachi. This initiative highlights the government’s proactive approach to sustainable industrial sector restoration.
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Sindh Govt Approves Rs9.28B for Karachi Industrial Growth, boosting industrial development in Sindh and restoring investor confidence.
