Re: power projects worth $408 million started
Is this yet another claim that will come to nothing??
http://www.dailytimes.com.pk/default…-1-2008_pg12_2
No foreign investment made it to Karachi in ’07
KARACHI: The City District Government Karachi (CDGK), led by City Nazim Mustafa Kamal, set out to bring a lot of foreign direct investment (FDI) into the city for the year 2007, but like 2006, this year has passed without any of the development projects materializing.
During the last two years, the CDGK has signed millions of rupees worth of agreements with various foreign companies to invest in the city and construct things such as the IT Tower, the Elevated Expressway and desalination plant, but, not a single project has materialized to benefit the citizens.