{"id":85390,"date":"2022-04-15T16:03:16","date_gmt":"2022-04-15T11:03:16","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=85390"},"modified":"2022-04-15T16:03:22","modified_gmt":"2022-04-15T11:03:22","slug":"pm-funds-k-4-kcrs-in-cpec","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pm-funds-k-4-kcrs-in-cpec.html","title":{"rendered":"PM Sharif promises funds for K-4 project, KCR&#8217;s inclusion in CPEC"},"content":{"rendered":"\n<p>\u00a0Karachi: Prime Minister (PM) Shehbaz Sharif on Wednesday (April 13) \u2013\u00a0 during his visit to Karachi \u2013 instructed the provision of funds for the K-4 water project and promised the inclusion of the Karachi Circular Railway (KCR) into the China-Pakistan-Economic-Corridor (CPEC), news sources reported. The Premier met with Sindh Chief Minister (CM) Syed Murad Ali Shah and discussed various development projects for the province.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/kp-cm-approves-pkr-2-3-bn-uplift-projects-for-swat.html\" data-type=\"post\" data-id=\"81765\" target=\"_blank\" rel=\"noreferrer noopener\">KP CM approves PKR 2.3 bn uplift projects for Swat<\/a>\u00a0\u00a0\u00a0<\/p>\n\n\n\n<p>The premier asked Water and Power Development Authority (WAPDA) Chairman Lieutenant General Muzammil Hussain to complete<a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/sindh-governor-briefs-pm-on-karachi-projects.html\" data-type=\"post\" data-id=\"53321\" target=\"_blank\"> the K-4 project by 2024 <\/a>in order to secure a consistent supply of water to the city. CM Shah discussed the 1.17 trillion Karachi Transformation Package (KTP) involving different projects for water supply, sewage treatment management, internal highways, and mass transport.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/progress-update-karachi-transformation-plan.html\" data-type=\"post\" data-id=\"78681\" target=\"_blank\" rel=\"noreferrer noopener\">PM receives progress update on Karachi Transformation Plan<\/a><\/p>\n\n\n\n<p>As per the proposed funding plan, the provincial government would provide PKR 686 billion, while the federal PSDP will contribute PKR 487 billion. Furthermore, the overall cost of public-private partnership (3P) projects at an advanced stage of development is PKR 176.9 billion, with a total viable gap fund of PKR 32 billion available per year. CM Shah requested that the premier issue sovereign guarantees for megaprojects and allocate PKR 10 billion per year to cover the provincial government&#8217;s yearly commitment of PKR 32 billion.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/karachi-brt-compensation-claims.html\" data-type=\"post\" data-id=\"85222\" target=\"_blank\" rel=\"noreferrer noopener\">Karachi BRT affectees asked to submit compensation claims<\/a><\/p>\n\n\n\n<p>Furthermore, PM Sharif guaranteed the Sindh Chief Minister his help in the acquisition of buses for the BRT project. Meanwhile, he vowed to hand over three large public hospitals in Karachi to the provincial administration.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Karachi: Prime Minister (PM) Shehbaz Sharif on Wednesday (April 13) \u2013\u00a0 during his visit to Karachi \u2013 instructed the provision of funds for the K-4 water project and promised the inclusion of the Karachi Circular Railway (KCR) into the China-Pakistan-Economic-Corridor (CPEC), news sources reported. The Premier met with Sindh Chief Minister (CM) Syed Murad Ali Shah and discussed various development projects for the province.\u00a0 Read: KP CM approves PKR 2.3 bn uplift projects for Swat\u00a0\u00a0\u00a0 The premier asked Water and Power Development Authority (WAPDA) Chairman Lieutenant General Muzammil Hussain to complete the K-4 project by 2024 in order to secure a consistent supply of water to the city. CM Shah discussed the 1.17 trillion Karachi Transformation Package (KTP) involving different projects for water supply, sewage treatment management, internal highways, and mass transport.\u00a0 Read: PM receives progress update on Karachi Transformation Plan As per the proposed funding plan, the provincial government would provide PKR 686 billion, while the federal PSDP will contribute PKR 487 billion. Furthermore, the overall cost of public-private partnership (3P) projects at an advanced stage of development is PKR 176.9 billion, with a total viable gap fund of PKR 32 billion available per year. CM Shah requested that&hellip;<\/p>\n","protected":false},"author":84,"featured_media":85306,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[51984,51986,51982,51985],"persona":[],"class_list":{"0":"post-85390","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-k4-canal","9":"tag-karachi-transformation-project","10":"tag-pm-promises-funds-for-k-4","11":"tag-water-crisis-karachi","12":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PM promises funds for K-4 , KCR&#039;s inclusion in CPEC- Zameen News<\/title>\n<meta name=\"description\" content=\"\u00a0Karachi: Prime Minister (PM) Shehbaz Sharif on Wednesday (April 13) \u2013\u00a0 during his visit to Karachi \u2013 instructed the provision of funds for the K-4 water\" \/>\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\/pm-funds-k-4-kcrs-in-cpec.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM promises funds for K-4 , KCR&#039;s inclusion in CPEC- Zameen News\" \/>\n<meta property=\"og:description\" content=\"\u00a0Karachi: Prime Minister (PM) Shehbaz Sharif on Wednesday (April 13) \u2013\u00a0 during his visit to Karachi \u2013 instructed the provision of funds for the K-4 water\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pm-funds-k-4-kcrs-in-cpec.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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