KARACHI: To arrest the haphazard and ill-planned expansion of Karachi due to growth of the city at a rapid pace, the Sindh government has planned the development of a new city along the coastal belt of Thatta district. Inspired by projects like Gurgaon, Iskandar Malaysia and the Masdar Initiative, the development of Zulfikarabad offers a tremendous opportunity for the government, working in tandem with the private sector, to drive reforms and innovation in delivery systems, local government, physical planning, infrastructure development and environmental protection.
The Sindh Finance Minister in his budget speech here on Friday further pointed out that more than 325,000 acres of land have already been allocated for the new city. Zulfikarabad Development Authority and Sindh Land Development are preparing the Master Plan for the city and Management Company (SLMDCL) is seeking Joint Venture partners from the national and international community to develop this project, it was further stated. – DailyTimes
