Karachi Development Authority plan to involve developers in new land schemes sparks criticism

• Under the proposal, authority identifies its several prime plots and properties for public-private partnership projects• Workers’ union raise concerns over ‘unprecedented’ move• Questions why KDA not making efforts to retrieve its encroached land• Opposition leader in City Council says handing over KDA land to private parties tantamount to corruption KARACHI: The controversial proposal put forward by the Karachi Development Authority (KDA) to invite private developers to build residential, commercial and mixed-use projects on its prime land raised many eyebrows. The proposal identifies several prime KDA-owned properties for development under the proposed public-private partnership model. These include around 28 acres of land adjacent to the KDA Officers Housing Society on Stadium Road, about 15 acres of land in the…

Source: Dawn – Latest News

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