AGL 36.58 Decreased By ▼ -1.42 (-3.74%)
AIRLINK 215.74 Increased By ▲ 1.83 (0.86%)
BOP 9.48 Increased By ▲ 0.06 (0.64%)
CNERGY 6.52 Increased By ▲ 0.23 (3.66%)
DCL 8.61 Decreased By ▼ -0.16 (-1.82%)
DFML 41.04 Decreased By ▼ -1.17 (-2.77%)
DGKC 98.98 Increased By ▲ 4.86 (5.16%)
FCCL 36.34 Increased By ▲ 1.15 (3.27%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 17.08 Increased By ▲ 0.69 (4.21%)
HUBC 126.34 Decreased By ▼ -0.56 (-0.44%)
HUMNL 13.44 Increased By ▲ 0.07 (0.52%)
KEL 5.23 Decreased By ▼ -0.08 (-1.51%)
KOSM 6.83 Decreased By ▼ -0.11 (-1.59%)
MLCF 44.10 Increased By ▲ 1.12 (2.61%)
NBP 59.69 Increased By ▲ 0.84 (1.43%)
OGDC 221.10 Increased By ▲ 1.68 (0.77%)
PAEL 40.53 Increased By ▲ 1.37 (3.5%)
PIBTL 8.08 Decreased By ▼ -0.10 (-1.22%)
PPL 191.53 Decreased By ▼ -0.13 (-0.07%)
PRL 38.55 Increased By ▲ 0.63 (1.66%)
PTC 27.00 Increased By ▲ 0.66 (2.51%)
SEARL 104.33 Increased By ▲ 0.33 (0.32%)
TELE 8.63 Increased By ▲ 0.24 (2.86%)
TOMCL 34.96 Increased By ▲ 0.21 (0.6%)
TPLP 13.70 Increased By ▲ 0.82 (6.37%)
TREET 24.89 Decreased By ▼ -0.45 (-1.78%)
TRG 73.55 Increased By ▲ 3.10 (4.4%)
UNITY 33.27 Decreased By ▼ -0.12 (-0.36%)
WTL 1.71 Decreased By ▼ -0.01 (-0.58%)
BR100 11,987 Increased By 93.1 (0.78%)
BR30 37,178 Increased By 323.2 (0.88%)
KSE100 111,351 Increased By 927.9 (0.84%)
KSE30 35,039 Increased By 261 (0.75%)

The Asian Development Bank (ADB) is extending financial assistance to the tune of $900 million in the shape of grants for the mass transit programme in the metropolis and the city's water and sewerage projects.
This was stated by Karachi Naib Nazim Nasreen Jalil. She was speaking in the 'Bilmushafa' programme of Radio Pakistan, Karachi, on Sunday. She said that the ADB assistance would be utilised for the mass transit programme in the metropolis, the rail system, roads, overhead bridges, underpasses and for improvement of water supply and sewerage.
The Naib Nazim said that Karachi had been neglected in the past. However, she added that attention was paid to this metropolis when President Pervez Musharraf came to power.
She said that a package of $29 billion was prepared under Tameer-i-Karachi programme and the stakeholders were asked to invest in it.
She pointed out that now development programmes are being carried out in Karachi. Nasreen said that both federal and provincial governments want that Karachi should make progress.
She said that Karachi earns almost 68 percent of the revenue of the country, which speaks of its significance. She highlighted the strategic location and importance of Karachi and said that in its development lay the development of the province and the country.
She said that from the K-3 water scheme of 100 MGD, arrangements were being made to provide 6 MGD to Lyari, and 3 MGD to DHA. Steps are also being taken for supply of water to Baldia Town from this scheme, she added.
The Naib Nazim said that Rs 50 million each have been given to the towns for laying sewerage lines and strengthening the water supply lines.
She said that a lot of attention was being paid towards education, and 38 schools would be upgraded as model schools and they would be of the standard of private schools.
She said Nazim Mustafa Kamal "is doing a lot" for the progress and development of the city. She said that concerted efforts should be made by all so that this city could make a rapid headway.
She also spoke about `Hamara Karachi' programme which is being celebrated to mark the platinum jubilee of the Karachi Metropolitan building.
Nasreen said that a number of programmes were being organised for every segment of the society to foster understanding and brotherhood among various communities who dwell in this metropolis and to develop a sense of belonging for the city.
She also pointed out that there are more than 200 historic buildings and "we want to provide information to the people about this city".

Copyright Associated Press of Pakistan, 2007

Comments

Comments are closed.