The Government of Sindh and World Bank have agreed to launch a low-cost housing scheme for the flood victims, which have been uprooted by severe floods destroyed their homes and damaged infrastructure in different parts of the province.
According to the details, the Sindh Chief Minister, Syed Murad Ali Shah, chaired a meeting with a delegation of the World Bank led by Country Director Najy Benhassaine, in Karachi.
During the meeting, the parties agreed to work together on projects for the construction of low-cost housing units and restoration of damaged infrastructure in the flood affected areas of the province.
Furthermore, the World Bank will provide a loan of $500 million for the construction of low-cost housing units in the flood affected areas and $80 million for the restoration and reconstruction of damaged roads and infrastructure.
It was also agreed on the occasion that the Sindh government and World Bank will soon start construction of an alternative bridge of Jam Sadiq Bridge in Karachi to facilitate the people.
Moreover, the World Bank has also agreed to start solar system projects in the flood affected areas of the province to provide low-cost power.
The meeting also discussed the launch of the Yellow Line BRT project in Karachi and reviewed the arrangements regarding the construction.
Read more: Karachi to Launch Yellow Line BRT Project.