Karachi is the main hub of Pakistan which is playing an important role to boost the Economy of our Motherland. All the gigantic and famous industries are located here and performing their operations to contribute in the economy of Pakistan. Not only are the Pakistani investors the foreign investors also seeking the opportunities in Karachi.
Foreign Investors:
Karachi Metropolitan Corporation (KMC) is one of the key organizations which are liable to establish positive financial relations with different countries and attract the investors to invest in Pakistan. In Dubai when the administrator of Karachi Metropolitan Corporation (KMC was attending the Annual Investment Conference he said that various countries showed the interest to invest in mega projects of Karachi.
Impact of Annual Investment Conference:
This conference has lasted a positive impact among the foreign investors, and the administrator Karachi said this Conference was the best place to search out the new markets in the world and opportunities like this give us favor to explore the potential of investment.
Investment Conference Participants Views:
There were 15 African, 11 Arab, 16 American, 10 European, four Central Asian and Russian along with Asian Countries took part in this conference. And most of the countries showed the eagerness to invest in Pakistan regarding mega projects in City. Mega projects in Karachi were focused on the government official as well as the foreign investors too. If the government officials support the foreign investment then there will be no boundaries for the foreign investment to enter in Pakistan.
Mega Projects in Karachi:
There are numerous projects which are going to happen in near future one of them is the Mass Transit in Karachi. As the Karachi is most populous city of Pakistan that’s why a new mass transit railway projects have been seen. These projects will start in July 2013 and will be completed in July 2017.
Impact of Mega Projects:
As the public transportation system in Karachi is not quite good that’s why the Mass transit is going to be introduced in the near future in Karachi. Now the question is how it will affect the economy. The answer is pretty much simple the foreign investors invest in mega projects like Mass Transit and contribute to increase the Economy.
Umer Fiaz
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