Karachi Metropolis News and Discussions

[Saiyan0321]

Asad Umar vows Karachi-like package for other parts of Sindh​

SUKKUR: Planning, Development and Special Initiatives Minister Asad Umar said on Saturday that a Karachi-like development package will soon be announced for other parts of Sindh.

Talking to media persons on Saturday, Asad Umar said that Pakistan Peoples Party has completely failed to develop Sukkur district, but the Pakistan Tehreek-e-Insaf government is working for the development all districts, including Sukkur.

He said that Prime Minister Imran Khan has taken important decisions to control the rising inflation in the country, adding that he would discuss Sukkur’s development projects with Sindh Chief Minister Syed Murad Ali Shah.

He said that the federal government is fully aware of the problems being faced by residents of the region, and that the centre, through Sindh government, is going to execute federal-funded development projects.

He appealed the people to strictly adhere to standard operating procedures (SOPs) to prevent the spread of a second wave of coronavirus in the country. He said that the government is making all-out efforts to ensure safety of people’s health and save their livelihoods.

Umar said that Pakistan’s Covid-19 policy has been appreciated globally, and advised the masses to follow the government’s prescribed SOPs, cautioning that the virus is still there.

Asad Umar vows Karachi-like package for other parts of Sindh

SUKKUR: Planning, Development and Special Initiatives Minister Asad Umar said on Saturday that a Karachi-like development package will soon be announced for other parts of Sindh.Talking to media p

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[Fatman17]

Karachi ranked among ‘least liveable cities’ in the world

The only cities ranked below Karachi include Dhaka, Tripoli and Damascus.

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Least liveable city

 

[mehmed beg]

I have heard that they cleaned up the whole Punjab, if it is true then that's the news which I really really like

 

[Fatman17]

INFRASTRUCTURE: NEW BUSES, OLD PROBLEMS

Karachi’s electric buses promised comfort and relief from the heat — but overcrowding, erratic schedules and under-investment

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New buses
Old roads
Poor schedules

 

[Fatman17]

The $200 billion Karachi:

Karachi already produces around $100 billion worth of goods and services every year. Karachi has capital. Karachi has labour. Karachi has location. Karachi has ports. Karachi has industry. Karachi has entrepreneurial energy.

Question: Why is Karachi not a $200 billion economy?

Answer: Karachi does not have metropolitan economic governance.The Bangkok Metropolitan Administration Act was passed in 1985. Vietnam’s National Assembly granted Ho Chi Minh City a special economic status in 2017. Law 29/2007 formalised Jakarta’s special-capital status.

Shenzhen was made a Special Economic Zone in 1980. The Istanbul Metropolitan Municipality was created in 1984. Medellin was given metropolitan authority in 1980. Johannesburg was consolidated into one metropolitan with an executive mayor in 2000

For Karachi, three natural experiments stand out: Shenzhen in 1988, Istanbul in 1984 and Johannesburg in 2000.In the decade after Shenzhen was granted far greater economic-management powers, its GDP rose from 8.7 billion yuan to 128.9 billion yuan -- an almost 15-fold increase in nominal terms. Istanbul’s economy grew from roughly $17 billion to $36 billion over the decade following the creation of its metropolitan municipality. Johannesburg, after consolidation into a single metropolitan government in 2000, grew from about $25 billion to $51 billion in eight years.

For Karachi, the comparison is compelling: moving from $100 billion to $200 billion over a decade requires a doubling -- not a Shenzhen-style miracle, but growth already seen in other metropolitan economies.

Bottom line: when economic authority begins to match economic geography, cities acquire the institutional capacity to compound growth.Look closer: Karachi’s problem is fragmentation. A factory in Korangi depends on water from one authority, roads from another, land regulation from another, policing from another and taxation from yet another.

Red alert: The economic unit is Karachi -- the governing unit is fragmented.Karachi needs one metropolitan government with economic responsibility for the whole city-region. Land-use planning. Transport. Water. Sewerage. Building regulation. Property taxation. Industrial infrastructure. Investment facilitation. Port-city connectivity. One economy. One authority. One balance sheet.

Karachi needs better transport -- better transport widens the labour market. Karachi needs better land use -- better land use raises productivity per acre. Karachi needs reliable water–reliable water lowers industrial costs. Karachi needs faster approvals–faster approvals raise investment. Property taxation and land-value capture finance infrastructure. Port connectivity cuts logistics costs.

Here’s the arithmetic: Each reform raises productivity; together they compound growth. A $100 billion economy does not need extraordinary growth to become a $200 billion economy. It needs roughly 7.2 percent annual growth for ten years.The numbers say this: The $200 billion Karachi does not require a miracle. It requires compounding.Please move economic authority to where economic activity takes place. For Karachi, that means: one metropolitan economy, one metropolitan government.The reality: Karachi already has the ingredients of a $200 billion economy. What it lacks is a government designed to unlock them.
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PS: Karachi needs
Law and order
Energy supplies (electricity - Gas - water)
Infrastructure