In spite of Pakistani Government's repeated assurance of initiating Karachi Textile City (KTC) project, infrastructure development is still pending and the project remains as a theoretical concept only.
National Engineering Services Pakistan (NESPAK) prepared the master plan for KTC. Site for this project is located near Port Qasim, with 1,250 acres land area.
Development work is obstructed by the fact that Federal Ministry of Ports and Shipping is unable to allot 550 acres land area for KTC, sources informed.
Port Qasim Authority (PQA) had previously agreed to give possession of 1,250 acres area, of which it handed over 700 acres. PQA has ignored Prime Minister Shaukat Aziz's directives for transferring remaining 550 acres.
Reason for delay in land transfer for KTC is that PQA proposes to sell the land at 25 percent lesser rate than Sindh Government's market price.
Concept of KTC focuses on supply of industrial infrastructure and is based on partnership between private and public sectors.
Under the project, apparel units with a modern effluent treatment plant along with dyeing and processing facilities had been planned. KTC is expected to employ 80,000 workers.