The Ministry of Planning, Development & Special Initiatives has explained the Karachi Transformation Plan.
The Federal Government has committed to the following projects, under the Karachi Transformation Plan announced by the Prime Minister:
| S.No | Projects | Additional Funds Required |
| 1 | Greater Karachi Water Supply Project (K-IV) | Rs. 46 billion |
| 2 | Karachi Circular Railway (KCR) | Rs. 300 billion |
| 3 | Railway Freight Corridor | Rs. 131 billion |
| 4 | Greenline BRT | Rs. 5 billion |
| 5 | Rehabilitation of River, Nullahs & Storm Water Drains and resettlement of affected people | Rs. 254 billion |
The total cost of these projects is estimated at Rs. 736 billion. Of these, the government plans to request the Supreme Court of Pakistan to allow the use of some of the Bahria Town Settlement Fund (up to Rs. 125 billion) expected to be available during the three-year period of KTP.
Hence the funding estimated to be arranged by the Federal Government is Rs. 611 billion. The remaining Rs. 375 billion (out of the total package of more than Rs. 1100 billion) is shown as the provincial government’s responsibility.
During the meetings held for the finalization of KTP, the provincial government expressed the desire to take responsibility for the KCR project. However, railways is a federal subject, as per Part-II of Schedule-IV of the Constitution of Pakistan. Equally importantly the Supreme Court of Pakistan has also conducted hearings with regard to KCR and directed that the federal government/railways should undertake the project. The federal government is, therefore, duty-bound to implement this project.
As such, the execution responsibility and the financial burden which is estimated at Rs. 300 billion has been included in the federal government’s responsibility under the Karachi package.
The federal government is looking at working in collaboration with the provincial government for the development of Karachi. The real objective is to help the citizens of Karachi and not an effort to score political points.
The details of the federal & provincial responsibilities & funding are only being issued to remove ambiguities that have arisen in the last couple of days.
Minister for Planning, Development & Special Initiatives also discussed the implementation of the Federal component of the Karachi Transformation Plan. Secretaries and Senior Officers of the Ministry of Planning, Railways, Water Resources, and NDMA participated in the meeting.
The meeting discussed matters related to projects such as Karachi Greater Water Supply (K-IV), Karachi Circular Railway (KCR), Greenline BRT, Railway Freight Corridor, and Rehabilitation of stormwater drains.
The Minister asked the relevant officials to prepare time-bound action plans for the execution of their respective projects and to identify whether any approvals/NOCs were required from the provincial government. He also directed the implementing agencies to indicate their quarter wise financial requirements so that the funding can be earmarked accordingly.
The Minister said that these projects are to be executed at a fast pace as per the directions of the Prime Minister.
They have to be very carefull from the looters Zardari and Billo Rani