With help from the World Bank, the Government of Sindh has decided to undertake a Rs110 billion housing project for those devastated by the floods.
Syed Murad Ali Shah, the chief minister of Sindh, and Mr. Najy Benhassine, the country director for the World Bank, met to discuss this. Mr. Benhassine joined the meeting remotely from Islamabad.
According to the chief minister, teams have been dispatched to remove flood water from the flooded towns and villages. He hoped that the dewatering procedure would be finished in about 1.5 months so that the affected people’s homes could be built.
He stated that they needed to make housing preparations for the populace as winter drew near. He requested funding for the housing project from the World Bank.
After careful consideration and discussion, the CM of Sindh and the World Bank authorities decided to start the project for Rs110 billion. A special division overseen by the chief secretary would be created in this regard.
The CEO of the new business would begin building the homes for which the survey is ongoing with the assistance of the public and private sectors.
According to CM Sindh, the floods in Karachi have devastated the city’s road system and submerged its drainage system. He intended to begin a Rs. 13 billion initiative to rebuild the city’s damaged roads
The project received a Rs. 6 billion commitment from the World Bank, and the chief minister promised to get the remaining Rs. 7 billion from other sources.
He said that the recent, heavy rains have sunk the sewerage lines, requiring their repair and reconstruction. He continued by saying that his government has developed a $25 billion plan to revamp and enlarge the sewerage infrastructure.
The Karachi Water and Sewerage Services Improvement Project (KWSSIP) will be used to fund the project, the World Bank Country Director approved.
The chief minister also addressed the issue of a parallel bridge or the reconstruction of Jam Sadiq Bridge. Both parties agreed to talk about the project in the upcoming meeting, which is set for next week.
CM Sindh also discussed the plight of growers said that the floods have caused irreparable losses. He said the provincial government has prepared Rs30 billion scheme to provide subsidies for fertilizer and certified seeds to growers.
He emphasised the need to revive the flooded agro-industry by offering incentives because the growers were unable to afford to buy seeds, fertiliser, and other supplies.
In order for the producers to reclaim their lands from the floods and begin cultivating for the upcoming Rabi harvest, the World Bank decided to contribute $323 million for the purpose.
