At a historic market commissioned by Queen Victoria in Pakistan's southern ...
KARACHI - At a historic market commissioned by Queen Victoria in Pakistan’s southern metropolis of Karachi, third-generation spice seller Mohammad Shakeel Abbasi complains that a move to clear illegal encroachments has left poor shopkeepers jobless.
The modernization of Karachi’s old downtown is one of a string of projects aimed at revitalizing Pakistan’s largest city and economic powerhouse, which has long been plagued by traffic congestion, water and electricity shortages and rampant crime. Muhammad Sualeh Faruqui, CEO of the federal development corporation in charge of the bus project that is expected to move 250,000 commuters daily, said an agreement between the provincial and federal government should be finalised soon.On Saturday, Prime Minister Imran Khan announced the allocation of 162 billion rupees for Karachi’s development, to be primarily spent on transport and sewage projects.
“Improving Karachi’s efficiency and Karachi’s economy, improves Pakistan efficiency and Pakistan’s economy,” said former finance minister and Karachi resident Mifath Ismail. “It is the only port city in Pakistan and it’s the hub of all international trade.” “If this had been achieved in the West, studies would have been carried out to replicate these results,” said senior police official Abdul Khalique Shaikh.
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