Engineering Post Report
Industries & Production Division of the Federal Government plans to develop Karachi Industrial Park on 1500 acres of Pakistan Steel Mills (PSM) land at Karachi at an estimated cost of Rs 6915 million .
Feasibility for the Industrial Park is to be undertaken during current financial year for which an allocation of Rs 200 million has been provided in the Public Sector Development Programme (PSDP).
The project has been approved by the Central Development Working Party (CDWP) on June 4, 2021 already.
This is one of the six new development projects which the Industries and Production planned to launch during ongoing financial year.