{"id":53907,"date":"2019-07-26T12:42:04","date_gmt":"2019-07-26T07:42:04","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=53907"},"modified":"2019-07-26T12:42:18","modified_gmt":"2019-07-26T07:42:18","slug":"sindh-govt-approves-construction-karachi-marble-city","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/sindh-govt-approves-construction-karachi-marble-city.html","title":{"rendered":"Sindh govt approves construction of Karachi Marble City"},"content":{"rendered":"<p>Karachi: The Sindh government on Sunday approved the construction of the Karachi Marble City, which will be constructed on 300 acres of land situated along the Northern Bypass, a news source reported. It also approved the construction of a modern, state-of-the-art technology park at the Nadir Edulgee Dinshaw (NED) University of Engineering and Technology.<\/p>\n<p>These projects were approved during a meeting of the public-private partnership policy board. The participants agreed on the proposal to complete these schemes under a public-private partnership model. For this purpose, the authorities concerned had decided to invite private individuals and firms operating in the marble industry to invest in the project.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/karachi-northern-bypass-to-have-marble-industry-education-city.html\" target=\"_blank\" rel=\"noopener noreferrer\">Karachi Northern Bypass to have marble industry, education city<\/a><\/p>\n<p>The executive recently allocated an additional 200 acres of land for the development of a construction industry in close proximity to the marble city. To facilitate this measure, a feasibility study will be conducted. The proposed facility would facilitate the production of \u00a0marbles and other stones.<\/p>\n<p>For the technology park, the government plans to collaborate with the NED University to build a 20-storey building at a cost of PKR 12 billion by 2021. As per report, the proposed facility would provide rental office spaces to IT companies at a 30% discount, along with logistical support.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/sindh-governor-briefs-pm-on-karachi-projects.html\" target=\"_blank\" rel=\"noopener noreferrer\">Sindh governor briefs PM on Karachi projects<\/a><\/p>\n<p>These projects are expected to be given the status of <a href=\"https:\/\/www.zameen.com\/news\/chinese-businessmen-invited-to-invest-in-sezs.html\" target=\"_blank\" rel=\"noopener noreferrer\">special economic zones<\/a> (SEZ). Under the SEZ Act of 2012, investors in both projects can to gain income tax and custom duty exemption for 10 years on the import of machinery.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Sindh government on Sunday approved the construction of the Karachi Marble City, which will be constructed on 300 acres of land situated along the Northern Bypass, a news source reported. It also approved the construction of a modern, state-of-the-art technology park at the Nadir Edulgee Dinshaw (NED) University of Engineering and Technology. These projects were approved during a meeting of the public-private partnership policy board. The participants agreed on the proposal to complete these schemes under a public-private partnership model. For this purpose, the authorities concerned had decided to invite private individuals and firms operating in the marble industry to invest in the project. Read:\u00a0Karachi Northern Bypass to have marble industry, education city The executive recently allocated an additional 200 acres of land for the development of a construction industry in close proximity to the marble city. To facilitate this measure, a feasibility study will be conducted. The proposed facility would facilitate the production of \u00a0marbles and other stones. For the technology park, the government plans to collaborate with the NED University to build a 20-storey building at a cost of PKR 12 billion by 2021. As per report, the proposed facility would provide rental office spaces to&hellip;<\/p>\n","protected":false},"author":74,"featured_media":49672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[12381],"persona":[],"class_list":{"0":"post-53907","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-sindh-govt-approves-construction-of-karachi-marble-city"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sindh govt approves construction of Karachi Marble City - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The Sindh government on Sunday approved the construction of the Karachi Marble City, which will be constructed on 300 acres of land situated\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/sindh-govt-approves-construction-karachi-marble-city.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sindh govt approves construction of Karachi Marble City - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The Sindh government on Sunday approved the construction of the Karachi Marble City, which will be constructed on 300 acres of land situated\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/sindh-govt-approves-construction-karachi-marble-city.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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