CDWP approves Karachi Transformation Plan
The Central Development Working Party (CDWP) has approved the Karachi Transformation Plan (KTP) at an estimated cost of Rs739 billion and agreed to be financed through the Public Sector Development Program (PSDP) and Public Private Partnership (PPP).
The projects aimed at improving water supply, sewerage treatment and disposal, solid waste management, storm water drainage, internal roads and mass transit system.
The Central Development Working Party (CDWP) considered the civic amenities’ projects at a meeting held on Monday with Planning Commission Deputy Chairman Mohammad Jehanzeb Khan in the chair.
Senior officials from the Planning Commission, federal ministries and divisions and representatives of the provincial governments also participated in the meeting.
The meeting also approved a concept clearance paper presented by the government of Khyber-Pakhtunkhwa on “Foreign Assistance from IFAD for Rural Economic Transformation Project” worth $100 million for all districts of the province.