PM Expresses Karachi Coastal Zone Addition into CPEC
Islamabad: While praising the efforts of the Ministry of Maritime Affairs, Prime Minister Imran Khan hailed the inclusion of Karachi Comprehensive Coastal Development Zone (KCCDZ) in the China Pakistan Economic Corridor (CPEC) as a “game changer.”
In addition, it is important to note that the KCCDZ, a Ministry of Maritime Affairs project, aims to provide Karachi with an ultra-modern urban infrastructure zone, thereby establishing Karachi as one of the world’s leading port cities.
The planned multibillion-dollar massive KCCDZ project would be completed with direct Chinese funding in conjunction with Karachi Port Trust, a CPEC first (KPT). The projected investment amount was approximately $3.5 billion.
It would also include a modern fishing port with a world-class fisheries export processing zone to expand Pakistan’s trading potential and a water treatment plant near the mouth of the Lyari River to improve the marine habitat and minimize pollution.
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The proposal would connect the remainder of Karachi by a magnificent harbor bridge rising from behind Pakistan’s Deep-water Port, with exit ramps for Manora Islands and Sandpit beach, and holds huge potential for international investors.
In addition, the coastal zone project would also open Pakistan’s untapped blue economy and considerably boost economic and industrial cooperation between the two brotherly nations.
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