KARACHI - Karachi Mayor Waseem Akhtar on Wednesday said that implementation of Karachi Neighbourhood Improvement Project (KNIP) would provide better civic facilities to the citizens and also improve the revenue recovery and financial management system in KMC.

This he stated while presiding over a meeting held here at his office in connection with the implementation of Karachi Neighbourhood Improvement Project (KNIP).

The Director General Urban Policy & Strategic Planning and Project Director KNIP Khalid Mehmood Shaikh gave a detailed presentation on the project, which would cost $98million and would be completed in four years.

Chairman Works Committee Hassan Naqvi, Chairamn Finance Committee Nadeem Hidayat, Chairman MUCT Rahat Hussain Siddiqui, Advisor to Mayor Farhat Khan, Director General Technical Services Shahab Anwer, Urban Specialist KNIP P&D Department Tariq Ahmed Rind and Senior Engineer KNIP Naveed Izhar, Director Technical S.M. Shukaib, Officers of Engineering, Finance and other concerned departments were also present on this occasion. The mayor said implementation of KNIP would provide better civic facilities to the Karachiites and would also improve the revenue recovery and financial management system in KMC.

Calling this a good step by the World Bank, he assured all possible cooperation and support for the project, which, he added, was aimed at enhancing public spaces in targeted neighbourhoods and improvement of urban road infrastructure to enhance mobility inclusion and access to market and city’s capacity to provide selected administrative services.

Earlier the project director KNIP while giving presentation said the Project included the Integrated Financial Management System (IFMIS) for KMC ($4.5 million), redevelopment of Saddar downtown area ($42 million), Malir area road and public spaces enhancements ($8 million), Korangi neighbourhood mobility improvements ($20 million), supporting KMC in improving its municipal utility tax revenues by financing a survey in the southern and central districts to assess the potential tax base ($2.5 million) and Parking Management Study for Saddar Downtown ($ 0.2 million)

He said upcoming World Bank project for Karachi integrated urban management would be based on potential of urban property tax devolution to local governments.

World Bank is now moving forward with preparing a new project which will have these aspects like Development funding to KMC, Performance grants to 6 DMCs, Capacity building & technical assistance to  KMC & DMCs and Support to improving Urban Property Tax system (revenue collection, tax base, rates, tax administration).

Mayor Karachi directed the officers of finance, engineering and MUCT departments to keep close coordination with the team of KNIP and ensure speedy implementation of projects so that citizens could be provided with better civic facilities and performance of KMC could improve further.