Special industrial park to be developed in Karachi

ISLAMABAD : A special industrial park will be developed at Korangi Creek, Karachi on 240 acres of land at a cost of Rs 4 billion. According to Radio Pakistan quoting an official source the project is envisioned to bring Rs 20 billion direct investment and generate direct employment for 30,000 people. The park will be divided into two zones, Low Density Zone and High Density Zone. The Low Density Zone is strategically clustered to cater consumer food and pharmaceuticals, garments and value-added textiles, light engineering, packaging, printing and warehouse logistics. The High Density Zone is envisioned to promote the information technology, gems and jewelry and other ancillary sectors.

on epaper page 8
more in Business

Lahore - Punjab Chief Minister Muhammad Shahbaz Sharif has said country is facing serious en...

ISLAMABAD - Crucial talks between Pakistan and International Monetary Fund (IMF) would start...

comments powered by Disqus