Karachi: The federal and Sindh governments have agreed to collaborate on a major USD 3.1 billion coastal development initiative aimed at transforming the area near Machar Colony into a modern urban and industrial zone.
At a high-level meeting held at the Chief Minister’s House on Thursday, Sindh Chief Minister Syed Murad Ali Shah and Federal Maritime Affairs Minister Junaid Anwar formally endorsed joint efforts to revive and implement the Karachi Coastal Comprehensive Development Zone (KCCDZ). This multi-phase project, spanning 687 acres, is part of the China-Pakistan Economic Corridor (CPEC) and includes land reclamation, new berths, a state-of-the-art fishing port, and a world-class fisheries export processing zone.
According to officials, the project also envisions the construction of a cruise terminal, desalination plant, business bay, high-tech knowledge park, and an industrial city. The China Road and Bridge Corporation (CRBC), a project partner under a pre-existing MoU with the federal government, presented the feasibility study to the CM.
Chief Minister Shah clarified that the planned developments would not displace any human settlements in the targeted area. A joint committee comprising Sindh Planning & Development Minister Syed Nasir Shah, Karachi Mayor Murtaza Wahab, and Commissioner Hasan Naqvi will work on resolving land-related matters between the Karachi Port Trust (KPT) and the provincial government. The federal maritime ministry is expected to nominate its representatives soon.
The meeting was attended by a broad set of provincial and federal officials, including ministers, secretaries, and port authority leaders, signalling a strong institutional backing for the project.
Both federal and provincial governments expressed their commitment to push the project forward, positioning it as a key driver for economic growth, job creation, and improved port infrastructure in Karachi.
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