Project Overview
-The project is a joint initiative of Limitless and the Government of Pakistan to create a new, balanced waterfront development â Karachi Waterfront, on a 25,000 ha. site west of the existing city of Karachi
-The ânew cityâ would contain a defined and carefully weighted balance of residential, commercial, recreational and entertainment facilities in state of the art, master-planned communities
-The development would also be home to Special Economic Zones creating a hub for trading, manufacturing and services industry supported by world-class infrastructure and amenities
-Phase 1 of the project will involve an investment of USD 20 bn. over the next ten years for developing more than 2000 ha. of prime water-front property. Subsequent phases of the project are expected to involve much larger investments.
Project : Sugar Land City, Karachi Waterfront
Area : 62,000 acres.
Location : Hawkes Bay. Karachi
Development : Shopping Malls, Plazas, Apartments, Town houses, Beaches, Resorts & Hotels.
Developer : Limitless (Dubai World).
Based on :
Sugar Land , Texas ( Sugar Land ranked as the "hottest" place to live within the state of Texas and third in the United States for 2006 according to Money magazine.[1] The city has the most master-planned communities in Fort Bend County, which is home to the largest number of master-planned communities in the nation. Sugar Land holds the title of "Fittest City in Texas" for the population 50,000â100,000 range, a title it has held for three consecutive years.
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Master plan for $68bn project finalised
By Our Staff Reporter
KARACHI, Feb 21: City Nazim Mustafa Kamal said on Wednesday the master plan to develop a new city "Karachi Water Front Sugar Land City" on 60,000 acres at Hawkesbay has been finalised.
Talking to the journalists here on Wednesday, he referred to a meeting held in this regard in Islamabad. He said the project would cost around 68 billion dollars. The agreement for the water front project would be signed in March with Nafeel Development of Dubai, he added. [Should that be Nakheel?]
In reply to a question, the nazim said President Musharraf had approved the plan and this would be the country's biggest project which would provide job opportunity to millions of people. He hoped people would be hired not only from different parts of the country but also from abroad.
He said the concerned authorities had issued NOC for the construction of new city.
He said the meeting in Islamabad was also attended by Federal Ports and Shipping Minister Babar Ghori, Sindh Chief Minister Arbab Rahim, Chief Secretary Fazlur Rehman, KPT chairman, and representative of Nafeel Development and the Chief Executive of Dubai Islamic Bank.
http://www.dawn.com/2007/02/22/local27.htm
[YOUTUBE]
-The project is a joint initiative of Limitless and the Government of Pakistan to create a new, balanced waterfront development â Karachi Waterfront, on a 25,000 ha. site west of the existing city of Karachi
-The ânew cityâ would contain a defined and carefully weighted balance of residential, commercial, recreational and entertainment facilities in state of the art, master-planned communities
-The development would also be home to Special Economic Zones creating a hub for trading, manufacturing and services industry supported by world-class infrastructure and amenities
-Phase 1 of the project will involve an investment of USD 20 bn. over the next ten years for developing more than 2000 ha. of prime water-front property. Subsequent phases of the project are expected to involve much larger investments.
Project : Sugar Land City, Karachi Waterfront
Area : 62,000 acres.
Location : Hawkes Bay. Karachi
Development : Shopping Malls, Plazas, Apartments, Town houses, Beaches, Resorts & Hotels.
Developer : Limitless (Dubai World).
Based on :
Sugar Land , Texas ( Sugar Land ranked as the "hottest" place to live within the state of Texas and third in the United States for 2006 according to Money magazine.[1] The city has the most master-planned communities in Fort Bend County, which is home to the largest number of master-planned communities in the nation. Sugar Land holds the title of "Fittest City in Texas" for the population 50,000â100,000 range, a title it has held for three consecutive years.
_______________
Master plan for $68bn project finalised
By Our Staff Reporter
KARACHI, Feb 21: City Nazim Mustafa Kamal said on Wednesday the master plan to develop a new city "Karachi Water Front Sugar Land City" on 60,000 acres at Hawkesbay has been finalised.
Talking to the journalists here on Wednesday, he referred to a meeting held in this regard in Islamabad. He said the project would cost around 68 billion dollars. The agreement for the water front project would be signed in March with Nafeel Development of Dubai, he added. [Should that be Nakheel?]
In reply to a question, the nazim said President Musharraf had approved the plan and this would be the country's biggest project which would provide job opportunity to millions of people. He hoped people would be hired not only from different parts of the country but also from abroad.
He said the concerned authorities had issued NOC for the construction of new city.
He said the meeting in Islamabad was also attended by Federal Ports and Shipping Minister Babar Ghori, Sindh Chief Minister Arbab Rahim, Chief Secretary Fazlur Rehman, KPT chairman, and representative of Nafeel Development and the Chief Executive of Dubai Islamic Bank.
http://www.dawn.com/2007/02/22/local27.htm
[YOUTUBE]
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