Pakistan Announces US$250 Million Marble City Project in Karachi

On 6 November, the Sindh government announced Pakistan's first Marble City industrial park along Karachi's Northern Bypass. Covering more than 300 acres, the project carries an estimated investment of US$250 million. The proposed average land price is approximately Rs25 million per acre, while the government is considering electricity rates of Rs20 per unit for industrial projects. The project creates opportunities for industrial developers, construction contractors and stone-processing investors. HPC can support feasibility studies, industrial property valuation and investment research.