‘Education City to fetch multi-billion dollars investment’

[Lahore_Real_Estate]

* Motiwala says an independent authority will manage the project

KARACHI: The Education City will bring multi billion dollars investment in the higher education sector.

The Master Plan of the Education City will be completed by the end of July 2011.

Adviser to Sindh Chief Minister on Investment Mohammad Zubair Motiwala stated this.

He said here on Sunday that the Sindh government has already notified an area of 9,000 acres for establishing Education City.

The core elements of the Education City are local educational and health institutions that will provide solutions to the challenges of higher education.

Motiwala stated an independent authority, which will oversee the overall management and development of the Education City, would manage the project.

Secretary Investment Sindh Mohammad Younus Dagha lauded the salient features of the Master Plan such as community engagement, infrastructure - utilities, roads, IT, storm/sewage systems, civic facilities -schools, health care, day care etc and eco-friendly design, commuter connection to Karachi etc.

Motiwala was informed about the guiding principles of the project, which are inclusive interaction and facilitation of institutions and, all stakeholders including development and utility agencies and civil society.

He directed that welfare of locals, their economic opportunities, jobs and access to learning opportunities are part of the plan.

The adviser was also informed about the discussion that took place in the meeting regarding the Master Plan, infrastructure cost and other related matter with institutions such as Judicial Academy, Aga Khan University, Newports Institute of Communications and Economics, Shaheed Zulfikar Ali Bhutto Institute of Science and Technology, Sindh Institute of Urology and Transplantation, Sindh Madressa, Quaid-e-Azam Public School, Sir Syed University of Engineering and Technology, Ziauddin University, Habib Foundation, IT and Media City.