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Saturday June 22, 2024

CM calls for more public-private partnerships for city’s development

By Our Correspondent
June 10, 2024
Sindh Chief Minister Syed Murad Ali Shah speaks at the inauguration ceremony of Gymkhana, Jamia Masjid and flyover at Naya Nazimabad on June 8, 2024. — Facebook/Sindh Chief Minister House
Sindh Chief Minister Syed Murad Ali Shah speaks at the inauguration ceremony of Gymkhana, Jamia Masjid and flyover at Naya Nazimabad on June 8, 2024. — Facebook/Sindh Chief Minister House

The public-private partnership mode of development is the best way any government can adopt for providing best civic infrastructure and housing facilities to the residents of a metropolitan city.

Sindh Chief Minister Syed Murad Ali Shah made this remark on Sunday as he visited the Naya Nazimabad housing project in the city to inaugurate a gymkhana, flyover and mosque facilities for its residents.

Speaking on the occasion, the CM said that providing high-quality living facilities, with all amenities for health, sports and entertainment, to its citizens in the city was the topmost priority of his government. He, however, added that the government alone could not provide all the facilities on its own due to its limited resources.

Citing the example of the Naya Nazimabad project, he said participation by the private sector was essential for socially impactful projects.

“I have been observing the development of the Naya Nazimabad housing project over the past few years. I am confident that such projects not only provide healthy habitat to its residents but also contribute greatly towards the urban regeneration, social uplift and economic well-being of the province. I congratulate Arif Habib sahib and his team for making impressive progress in this project,” the CM said.

Shah said the Sindh government would provide all the necessary assistance to this and similar projects. “Public-private partnership is the economic model to follow,” he asserted.

The ceremony was attended by a large number of dignitaries from different walks of life. The CM was accompanied by Sindh Planning & Development and Energy Minister Syed Nasir Hussain Shah and Karachi Mayor Barrister Murtaza Wahab. parliamentarians, businessmen and industry leaders of Karachi.

Arif Habib, the Naya Nazimabad chairman, expressed his gratitude to the Sindh government for its assistance. He also thanked regulatory bodies, banks, financial institutions, customers of Naya Nazimabad, architects,

engineers, contractors and people for showing confidence in the project.

He said the collaborative model of undertaking large impactful projects by involving all stakeholders under transparent and disciplined structures was the key to success.

Naya Nazimabad was fast becoming a complete integrated habitat for the middle classes, he remarked, adding that such habitats were essential for promoting a healthy, prosperous and productive society.

According to a statement issued, Naya Nazimabad is the largest master-planned, gated residential community in Karachi. It will house more than 50,000 families upon its completion. Special emphasis is being laid on sustainability, and environment friendly management of resources.