Prime Minister Imran Khan termed the inclusion of the Karachi Comprehensive Coastal Development Zone (KCCDZ) in the China-Pakistan Economic Corridor (CPEC) a game changer, on Sunday.
The premier added that the project would help “cleanup our marine habitat for fishermen and present opportunities for investors.
He also announced that 20,000 low income housing units will be developed under the project.
PM further stated that the KCCDZ, “Will put Karachi at par with developed port cities,” and felicitated the maritime authority for their efforts in this regard.
On September 23, Board of Investment (BOI) Secretary Fareena Mazhar said that the BOI, as convener of the Joint Working Group (JWG) on Industrial Cooperation under the CPEC, has facilitated the signing of a memorandum of understanding between the Karachi Port Trust and China Road and Bridge Corporation on the KCCDZ project.