Pasban Democratic Party Chairman Altaf Shakur said in a statement today that neglecting the country’s main economic hub is tantamount to neglecting the nation itself, and solving its deep-rooted problems provides the fastest way to strengthen the national economy, .
Speaking at the Pasban Executive Committee meeting on the current situation of the urban center, Mr. Shakur said that giving the mega-city its rightful place and resolving its fundamental issues would have a positive impact on the entire national economy. He emphasized that the city stands at a critical juncture where modern urban planning, robust infrastructure, and comprehensive development policies can stabilize not only the city but also the entire national financial landscape.
The root causes of the challenges facing the commercial hub have been identified as institutional weaknesses, policy inconsistencies, and insufficient coordination among various organizations. Transparent governance and a coherent strategy are essential to address these challenges.
Mr. Shakur stressed the need to complete Karachi’s development projects on a priority basis, ensuring the city receives its rightful entitlements to stabilize Pakistan’s economy. He advocated for the development of the city’s ports and the establishment of associated supply chain networks, noting that new ideas consistently emerge from the city. Furthermore, he appealed for encouraging local youth in business startups.
He added that this major urban center serves as the economic lifeline of the nation. However, he lamented that some local and foreign elements are unfortunately hindering its progress, deliberately maintaining weak infrastructure to slow down its development pace.
With most of the country’s commercial, industrial, and financial activities concentrated within its sphere, even minor improvements in the city can yield significant economic benefits. Investments in roads, railways, public transport, water, and energy systems, he explained, reduce business costs, improve mobility, and accelerate economic activities.
Questioning injustices, Mr. Shakur wondered why Lahore is considered beautiful while the mega-city, despite belonging to the same homeland, is not. He pointed out that the viability of any business venture is better seen in a city with a population of thirty million.
He elaborated that projects such as the K-IV water supply scheme would provide millions of additional gallons of water daily, while initiatives like the Karachi Circular Railway (KCR) and Bus Rapid Transit (BRT) can play a crucial role in addressing transportation issues. The timely completion of these projects, he stressed, is vital for providing genuine relief to the public.
Urban development, he added, creates new job opportunities and attracts investors. Special economic zones, industrial parks, and modern commercial centers can further stimulate economic activities within the city.
Mr. Shakur concluded by stating that development is only sustainable when it benefits all segments of society. He appealed for ensuring the provision of affordable housing, education, healthcare, and safe public spaces. He affirmed that the city’s citizens desire a metropolis that is livable, organized, and economically stable, confident that serious governmental measures can not only overcome its challenges but also give a new direction to the entire national economy.