Follow Us on Google News
ISLAMABAD: Prime Minister Imran Khan on Sunday termed the inclusion of Karachi Comprehensive Coastal Development Zone (KCCDZ) in China Pakistan Economic Corridor (CPEC) as a ‘game changer’.
Taking to Twitter, the Prime Minister expressed the hope that it would help in cleaning up marine habitat for fishermen, develop low-income housing units and creating investment opportunities.
While felicitating the maritime authority for their efforts in this regard, the premier also announced that 20,000 low-income housing units will be developed under the project.
Inclusion of Karachi Comprehensive Coastal Development Zone in CPEC is game changer. Will cleanup our marine habitat for fishermen, develop 20k low income housing units & present opportunities for investors. Will put Khi at par with developed port cities
Well done @MaritimeGovPK— Imran Khan (@ImranKhanPTI) September 26, 2021
China had agreed to include Karachi Coastal Comprehensive Development Zone (KCCDZ) in the China-Pakistan Economic Corridor (CPEC).
This was confirmed by Federal Minister for Maritime Affairs Syed Ali Haider Zaidi, hoping that it would prove to be a game changer for Pakistan. the historic decision had been made during the 10th Joint Cooperation Committee (JCC) on CPEC held in Islamabad and Beijing.
He said KCCDZ was an initiative of the Ministry of Maritime Affairs focused on providing Karachi with an ultra-modern urban infrastructure zone, which would place the city among top port cities of the world.
He said the two countries agreed to include Karachi Coastal Comprehensive Development Zone (KCCDZ) under the CPEC framework. He said the planned multi-billion dollars mega KCCDZ project would be built with direct Chinese investment in partnership with Karachi Port Trust (KPT).