The proposed industrial park aims to support industrial development, attract investment and expand economic activity in Karachi.
ISLAMABAD, PAKISTAN — WEB DESK The establishment of Karachi Industrial Park near Port Qasim has been approved with facilitation from the Special Investment Facilitation Council (SIFC), marking a major development in Pakistan’s plans to expand industrial infrastructure and attract investment.
The proposed industrial park will cover 6,409 acres and is set to become Pakistan’s largest industrial economic zone. The approval is part of a broader set of measures aimed at strengthening the country’s industrial sector, facilitating investment and improving the business environment.
Alongside the Karachi project, a policy has also been approved to provide basic facilities in privately operated special economic zones. The measure is intended to make industrial investment easier by improving access to essential infrastructure.
A new land-leasing policy for government-owned special economic zones and industrial estates in Punjab has also received approval as part of the same package.
These measures are expected to help reduce industrial costs, increase exports and create new employment opportunities. The Karachi Industrial Park’s location near Port Qasim also places the project close to a key maritime and commercial area, offering potential advantages for industrial logistics and trade.
The development comes amid wider efforts to strengthen Pakistan’s investment environment and expand industrial capacity. Successful implementation, infrastructure provision and investor participation will be important factors in determining the project’s economic impact.
Further details about the construction timeline, investment commitments, sector-specific allocations and expected employment figures were not provided in the available announcement.
The approval marks an important step for the proposed industrial zone, while its long-term contribution to exports, jobs and economic growth will depend on execution and the development of supporting facilities.
