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  • Writer's pictureIridium Real Estate

UK Business Community to Invest in Karachi’s Transport Sector

Sindh's Information and Transport Minister Sharjeel Memon has formally invited UK business officials to invest in Karachi's public transport sector.

Speaking about the development, Sharjeel claimed that Pakistan is a budding ground for investments.

"The city is peaceful and an ideal destination for investment in Pakistan," Memon said.

The invitation was extended to the delegation of the British Commission during a meeting which was led by Batool Zehra. The meeting also included the Trade Manager of the UK's Diplomatic Mission in Pakistan. In addition, Qasim Naveed and Abdul Haleem Sheikh who are the special assistants to CM Sindh were also part of the meeting.

He further added that the Sindh government is grinding hard to introduce state-of-the-art public transport in the city and that investment opportunities are present in Karachi. He added that the People’s Bus Service has been launched in Karachi while Orange Line BRTS will be operational shortly.

Memon informed the delegation that CM Sindh has released Rs. 1.5 billion for the upgradation of the road infrastructure and routes for the People's Bus Service. The development is expected to be completed in a month or so. He also introduced the delegation to the Karachi Circular Railway which would be a mass transit project for the people of the city.

Sharjeel Memon also added CM has taken the issue to the federal government to add Karachi Circular Railway as a part of CPEC for its development.

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