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ISLAMABAD: Pakistan’s benchmark KSE-100 Index dropped sharply on Monday morning following the breakdown of US-Iran peace talks held in Islamabad. At 9:34 AM, the index stood at 162,396.21, down 4,795.16 points or 2.87% from the previous close.
Selling pressure was broad-based, affecting key sectors including automobiles, cement, commercial banking, oil and gas exploration, power generation, and refining. Notable index-heavy stocks trading in the red included ARL, HUBCO, MARI, OGDC, POL, PPL, PSO, SSGC, SNGPL, and WAFI.
The market decline followed US Vice President JD Vance’s announcement on Sunday that the American negotiating team was departing Pakistan after 21 hours of talks failed to produce a deal. Vance stated Iran had declined to accept American terms, which included a commitment not to develop nuclear weapons.
Iran’s parliamentary speaker Mohammad Baqer Qalibaf acknowledged no agreement was expected from a single round of negotiations, citing an ongoing trust deficit between the two sides.
The outcome reversed gains recorded during the previous week, when the KSE-100 had risen 1,673.87 points or 1.01%, buoyed by investor optimism over the then-ongoing diplomatic process.
Global markets also reacted negatively. Brent crude futures surged approximately 8% to $103 per barrel, while S&P 500 futures fell around 1%. The euro slipped roughly 0.5% against the dollar. Asian markets declined modestly, with Japan’s Nikkei down 0.4%, South Korea’s KOSPI falling 1.4%, and Australia’s ASX 200 slipping 0.6%.
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ISLAMABAD, April 10, 2026 —Pakistan stands at the centre of one of the most consequential diplomatic efforts in decades as Islamabad prepares to host the US Iran peace talks, positioning the country as the primary intermediary in efforts to stabilise a conflict that disrupts global energy supplies and threatens wider regional escalation. The emerging framework, increasingly referred to by diplomats as the Islamabad Accord, follows a Pakistan-brokered ceasefire after weeks of intensive shuttle diplomacy.
The US Iran talks come after the US-Iran ceasefire announced on April 7–8, which emerged following sustained diplomatic engagement led by Pakistan’s civilian and military leadership. Islamabad facilitates backchannel communication, relays proposals, hosts regional meetings and coordinates with partners including China and Saudi Arabia. The agreement pauses hostilities shortly before a U.S. escalation deadline, underscoring the urgency surrounding the diplomatic push.
Analysts describe the development as a major diplomatic breakthrough. South Asia expert Michael Kugelman calls the mediation “one of Pakistan’s biggest diplomatic wins in years,” according to a France 24 report.
Conflict Triggered Global Energy Shock After Strait of Hormuz Closure
The crisis begins on February 28, 2026, when coordinated U.S. and Israeli airstrikes target Iran’s leadership and military infrastructure. Iran responds with missile and drone attacks and moves to close the Strait of Hormuz, the narrow waterway through which roughly 20 percent of global oil supply flows.
The closure of the Strait of Hormuz immediately disrupts global markets. The International Energy Agency warns the situation represents “the largest supply disruption in the history of the global oil market,” according to the IEA Oil Market Report cited in the document.
According to IEA data referenced in the report:
About 20 million barrels per day of oil are disrupted
Brent crude rises close to $120 per barrel
Analysts warn prices could reach $200 per barrel, according to Bloomberg
Global LNG supply drops around 20 percent
Gulf food imports fall by roughly 70 percent
Global GDP risk reaches −1.3 percentage points, according to Dallas Fed research
These figures illustrate the global stakes surrounding the US Iran peace talks and the urgency behind the Pakistan-brokered ceasefire.
Jet fuel prices double while U.S. gasoline prices rise about 30 percent, according to reporting cited from Time and industry data referenced in the report.
Pakistan Emerges as Only Credible Mediator
Pakistan mediates the US Iran crisis largely because of its unique diplomatic positioning. Islamabad maintains relations simultaneously with Washington, Tehran, Riyadh and Beijing, a rare diplomatic victory.
Pakistan shares a 900-kilometre border with Iran, maintains defence cooperation with Saudi Arabia and retains longstanding ties with the United States. It is also widely regarded as China’s closest regional partner, according to analysis cited from Al-Monitor.
Pakistan also has significant domestic and economic stakes:
Over 20 million Shia Muslims
Approximately 5 million workers in Gulf states
Annual remittances of $38.3 billion
Heavy reliance on energy imports through the Strait of Hormuz
Pakistan also emphasises neutrality. Officials condemn attacks by all sides and rule out military participation against Iran, strengthening Islamabad’s credibility as mediator, according to reporting cited from Al Jazeera.
Six Weeks of Shuttle Diplomacy Leads to Islamabad Accord
Pakistan launches diplomatic outreach immediately after the conflict begins.
On March 3, Foreign Minister Ishaq Dar tells Pakistan’s Senate Islamabad is ready to facilitate US Iran talks, according to Al Jazeera.
Prime Minister Shehbaz Sharif meets Saudi leadership in Jeddah on March 12, expressing solidarity while reassuring Iran. The move helps prevent further escalation, according to reporting referenced from CNN.
Regional foreign ministers meet in Riyadh on March 19 and again in Islamabad on March 29, aligning diplomatic positions for the US Iran peace talks.
Pakistan relays a 15-point U.S. ceasefire proposal to Tehran on March 25. Iran rejects the proposal but submits its own conditions, keeping negotiations alive.
On March 31, Pakistan and China announced a joint five-point peace initiative calling for cessation of hostilities and restoration of navigation in the Strait of Hormuz, reinforcing momentum toward the Islamabad Accord.
Further negotiations follow. Pakistan presents a two-phase ceasefire framework in early April. The exchange culminates in the US-Iran ceasefire announced April 7–8, according to reporting from CNN, Al Jazeera and France 24.
Historic Significance of US Iran Peace Talks
Analysts describe the US Iran peace talks in Islamabad as unprecedented. The mediation marks the first time Pakistan brokers a ceasefire between adversaries during active escalation, according to expert assessments cited from Al Jazeera.
The engagement also represents the highest-level US Iran talks since 1979, according to Time.
Economic Stakes Linked to Ceasefire
The US-Iran ceasefire and potential Islamabad Accord carry major economic implications.
A diplomatic breakthrough could revive the Iran–Pakistan gas pipeline. The project:
Length: 2,775 km
Gas flow: 21.5 million m³/day
Power generation: 4,000 MW
Savings: $2.3 billion annually
Penalty risk avoided: $18 billion
These figures come from IPRI Pakistan research cited in the report.
The conflict also threatens remittances from Gulf-based Pakistani workers. About five million workers send home $38.3 billion annually, according to Time.
Global Reaction to Pakistan Mediates Ceasefire
International leaders welcome the Pakistan-brokered ceasefire.The United Nations calls for compliance with terms. European Commission President Ursula von der Leyen welcomes de-escalation. UK Prime Minister Keir Starmer calls the deal a “moment of relief.”
These reactions are cited from international coverage referenced in the report, including Reuters and Al Jazeera.
China says it works actively to help bring about the US-Iran ceasefire, while Iran confirms acceptance of the agreement.
Islamabad at the Centre of Global Diplomacy
Pakistan mediates the crisis at a moment when global markets remain sensitive to disruptions in the Strait of Hormuz and regional escalation risks. The Pakistan-brokered ceasefire pauses what analysts describe as the largest oil disruption in modern history and positions Islamabad as a central diplomatic actor.
The US Iran peace talks, expected to shape the emerging Islamabad Accord 2026, now place Pakistan at the centre of global diplomacy; with energy security, regional stability and geopolitical alignment all hinging on the outcome.
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ISLAMABAD: Over 12 million Pakistanis live and work outside the country. Until now, the government had no formal system to register, track, or serve them. The OPF is moving to change that, and its chairman is personally carrying that message to every major diaspora hub.”
Every year, Pakistanis living abroad send billions of dollars back home. Last year, that figure hit a record $38.3 billion. Yet, despite that contribution, the government had no formal, structured relationship with these citizens. That is now changing, and changing fast.
OPF Chairman Syed Qamar Raza Shah is currently on an international tour spanning Japan, South Korea, Germany, and the UAE. At each stop, he has been sitting with Pakistani community members, listening to their concerns, and making commitments on the spot. The tour is not just a goodwill exercise. It is laying the ground for the most significant changes to the Overseas Pakistanis Foundation in its 45-year history.
In Japan, community leader Haji Syed Saleem Shah described the visit as a turning point. Pakistanis there raised long-standing problems, including jobs, education, legal disputes, and property matters back home. For many, it was the first time such issues were heard at a senior government level. The OPF Chairman gave direct instructions for urgent cases to be resolved immediately.
“This visit has given new hope to the Pakistani community in Japan. For the first time, their issues were seriously heard at such a high level.”
— Haji Syed Saleem Shah, Chairman, Ahl-e-Bait Foundation Japan
The same pattern repeated in the UAE. There, the OPF Chairman went a step further — announcing a formal proposal to make OPF membership compulsory for all overseas Pakistanis worldwide. Under the proposal, every Pakistani abroad would be required to register with the foundation and pay a one-time fee of Rs10,000 (around $35). The proposal now awaits approval from Prime Minister Shehbaz Sharif.
To go alongside the obligation, OPF has launched the Overseas Pakistanis Education Fund (OPEF), a scholarship program for children and spouses of overseas Pakistanis studying in Pakistani universities and colleges. The deadline to apply is April 30, 2026.
Two moves together tell the full story: the government wants to register its diaspora, fund its operations through their fees, and in return, invest in their families back home.
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ISLAMABAD: The Pakistan Stock Exchange (PSX) recorded one of its sharpest single-day gains on Wednesday, with the benchmark KSE-100 index rising 12,362 points, or 8.15%, to close at 164,035.83. The surge was triggered by news that Pakistan had mediated a two-week ceasefire between the United States and Iran, pausing an escalating military conflict in the Middle East.
Trading was briefly halted following the rapid climb and resumed at 10:42 AM. The previous session had closed at 151,673.45 points.
The ceasefire was agreed upon less than two hours before a deadline set by US President Donald Trump for Iran to reopen the Strait of Hormuz. Iran’s Foreign Minister Abbas Araqchi confirmed that Tehran would halt counter-attacks and ensure safe passage through the waterway, conditional on the cessation of attacks against Iran.
Prime Minister Shehbaz Sharif announced that he has invited the leadership of both nations to Islamabad on April 10 for further negotiations aimed at reaching a conclusive agreement.
The diplomatic development was accompanied by a sharp decline in international oil prices, which fell approximately 15%. Analysts noted that lower energy costs ease fears of imported inflation and reduce pressure on Pakistan’s external accounts.
Maaz Mulla of Topline Securities described the session as a broad-based rally driven by two simultaneous tailwinds: diplomatic de-escalation and softer energy prices. He noted that with Islamabad set to host peace talks on April 10, investors moved quickly to price in reduced geopolitical risk.
Prior to Wednesday’s session, the KSE-100 had corrected by 20% to 22%, largely due to regional tensions and global macroeconomic uncertainty. Wednesday’s gains represent a significant reversal of that decline, though analysts caution that the rally’s sustainability will depend on the outcome of the April 10 talks.
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ISLAMABAD: Pakistan’s Federal Minister for Finance and Revenue, Muhammad Aurangzeb, met with United States Chargé d’Affaires to Pakistan, Natalie Baker, on Thursday to discuss bilateral economic ties, trade, and investment.
The meeting, held at the Finance Division in Islamabad, covered the state of Pakistan-US relations, current economic developments, and ways to expand cooperation in key sectors, including energy, mining, technology, and logistics.
Baker highlighted a recent symposium held in Washington by the Pakistan Caucus in the US Congress, which brought together policymakers, diaspora representatives, and business leaders to explore areas of future cooperation. She described the overall direction of bilateral engagement as positive.
Aurangzeb briefed the US delegation on steps taken by the Pakistani government to address challenges in the energy sector, including procurement, pricing, and targeted subsidies for vulnerable groups such as small farmers and public transport users. He also pointed to the effects of rising global oil prices on Pakistan’s import costs, inflation, and broader economic stability.
The two sides discussed Pakistan’s ongoing engagement with international financial institutions, including progress under its current International Monetary Fund programme. Aurangzeb reaffirmed the government’s commitment to fiscal discipline while noting the need for flexibility in light of global and regional developments.
Baker expressed US support for Pakistan’s economic reform agenda and interest in expanding investment across multiple sectors. Both sides discussed participation in upcoming forums, including the Select USA Investment Summit, and explored collaboration on infrastructure, digital connectivity, and regional trade.
The finance minister stressed Pakistan’s focus on structural reforms, export-led growth, and creating a more business-friendly environment to attract foreign direct investment.
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GWADAR: Gwadar Port has received a cargo shipment of 14,629 metric tons from Malaysia, port authorities confirmed on Monday. The shipment was successfully unloaded at the port, which is located along the Arabian Sea coast in Balochistan, Pakistan.
Port officials stated that the arrival of this shipment indicates that more international trading partners are choosing Gwadar as a preferred entry point for goods into the region. The port has seen a steady rise in incoming vessels over recent months, with shipments arriving from multiple countries.
This increase in activity is partly linked to changes in global shipping. Ongoing tensions in the Gulf region have prompted many shipping companies to seek safer, more reliable routes. Gwadar, due to its location near key trade lanes, has become a practical choice for several carriers.
Pakistan’s ports as a whole have recorded stronger numbers in early 2026. Karachi Port handled over 11,000 cargo containers in March 2026, a figure that exceeds the entire volume processed throughout 2025. Gwadar is also seeing more vessels arriving compared to previous periods.
Authorities noted that Gwadar Port offers storage benefits and modern handling facilities, which continue to attract foreign shipping interest. Experts have called on the government to keep improving port services and keep costs competitive so that this growth can be maintained over the long term.
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Islamabad, Pakistan – March 31, 2026: Chakor Ventures successfully hosted Momentum 2026, its annual stakeholder event, in March 2026. The event brought together investors, partners, employees, and industry stakeholders to review the company’s performance in 2025 and outline its strategic direction for the year ahead. Key highlights included the announcement of financial results, project delivery milestones, partner and employee recognition, and the introduction of three upcoming projects.
Strong Financial Performance in 2025
Chakor Ventures concluded the financial year 2025 with notable results across all key performance indicators. The company recorded Rs 7.5 billion in new revenue and collected Rs 4 billion. Citadel 7, one of the company’s flagship developments, was fully sold out; a clear reflection of strong market confidence in the Chakor brand.
On-Time Delivery of Citadel 7
Chakor Ventures fulfilled its commitment to deliver Citadel 7 on schedule, a distinction that sets the company apart in Pakistan’s real estate sector, where delays remain a persistent challenge. This milestone reinforces the company’s standing as a dependable developer and demonstrates that commitments made to buyers, investors, and partners are taken seriously and honoured without compromise.
This achievement speaks directly to the culture that CEO Muhammad Abbas Khan spoke of at the event.
Addressing the audience, he stated:
“Winning once is difficult. Winning twice requires character. Winning consistently requires culture.”
He continued: “We have proven we can win. The applause is deserved, but applause fades. What endures is the standard, the level we now hold ourselves to, every day, in every project, in every interaction.“
Partner and Employee Recognition
In recognition of the contributions that made Citadel 7’s successful delivery possible, Chakor Ventures distributed Rs 15 million in cash awards to employees and partner firms at the event.
Awards and recognition were given to the partner firms that helped bring the project to life: Thaheem, Meinhardt, DWP, MAK, ZKS, Bridgetech, and Asad Ijaz & Sons, covering everything from construction and design to electrical work, elevators, facades, and legal support.
Three New Projects Announced
Momentum 2026 marked the formal announcement of three upcoming projects, signaling the company’s continued expansion and its first entry into the international real estate market. The Islamabad project, currently in the design phase, is scheduled for launch in May 2026. The Lahore project, for which funding has already been secured and design work is underway, is set to launch in June 2026.
Additionally, Chakor Ventures announced its first international project in Dubai, with further details to be communicated in the coming months.
Momentum 2026 reflected Chakor Ventures’ commitment to transparency, accountability, and growth. With a strong 2025 on record and three new projects on the horizon, the company enters 2026 positioned to continue raising the bar for real estate development in Pakistan and beyond.
For more information about Chakor Ventures and its development initiatives, visit Chakor Ventures.
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ISLAMABAD: The Capital Development Authority has started construction work on Ataturk Avenue to widen the road between D-Chowk and Ayub Chowk. The road will be expanded from a single lane into a two-way carriageway. The project will cost Rs. 241 million and is expected to finish within two months.
Since March 31, the avenue has been closed to traffic while construction is ongoing. Islamabad Traffic Police has set up alternate routes to help commuters get around the affected area.
The CDA has also taken steps to protect trees along the route, following heavy criticism over a similar project in 2018 when more than a hundred trees were cut down. This time, the authority says no trees will be removed. Twelve trees that fall in the path of construction are being dug up and moved to nearby locations. CDA spokesperson Shahid Kiani invited journalists and environmentalists to visit the site and see the process for themselves.
The project is being carried out under the supervision of the Environment Protection Agency, which had previously raised objections over tree cutting on the same stretch.
Apart from widening the road, the project also includes building dedicated cycling lanes and improving the overall layout of the avenue to reduce traffic congestion.
Residents have been asked to plan their travel in advance and follow instructions from traffic police during the construction period.
BBC-featured Content Specialist with a sharp eye for search intent and a proven ability to turn content into a growth engine. I leverage cutting-edge digital marketing tools to craft strategies that fuel organic traffic, amplify brand growth, and own the local SEO landscape, particularly across the competitive real estate market. I help brands dominate search rankings and convert visibility into measurable business success.
Islamabad has never had an officially designated Central Business District. Its original master plan followed a low-density, sector-based layout. Commercial activity was spread across local markets rather than concentrated in one urban core, but the market filled that gap on its own.
Over decades, one area emerged as the city’s de facto commercial spine: the Blue Area. And today, it is where the most compelling case for a downtown condominium in Islamabad is being made.
Understanding Islamabad’s Urban Growth
To understand why the Blue Area matters, it helps to understand how Islamabad grew.
The city’s original planning assumptions were quickly overtaken by reality. The population crossed two million, and the built-up area expanded from around 58 km² in 2000 to nearly 256 km² by 2020, a fourfold increase in urbanised land in just two decades.
Most of that growth happened horizontally. Large residential projects pushed outward. Commercial spaces followed to serve local demand. The result was sprawl, not density.
This created an important gap: a rapidly growing city with no true urban commercial core. Blue Area stepped into that gap, and the data confirms it.
Why the Blue Area Is Islamabad’s Real Downtown
Multiple areas have been branded as “downtown Islamabad” over the years. But branding and economic reality are not the same thing. Commercial real estate data from 2018 to 2024 tells a clear story:
Indicator
Blue Area
New Blue Area
Gulberg
Park View City
Price per Sq. Ft (2024)
Rs. 500,000
Growing
Rs. 90,000
Rs. 81,000
Long-Term Growth (2018–24)
+196%
Positive (since 2020)
Moderate
Moderate
6-Month Momentum
+22%
+4%
−8%
+6%
Market Stability
Very High
Medium
Low
Medium
Commercial Density
Highest
Rising
Low
Low
CBD Qualification
Yes
Emerging extension
No
No
The numbers are not ambiguous. Blue Area has the highest price per square foot, the strongest long-term growth, and the greatest market stability of any commercial zone in the city. No other area comes close on all four indicators simultaneously.
What Made Blue Area the Commercial Core
Blue Area’s dominance wasn’t accidental. Several structural factors drove its rise:
Location Along Jinnah Avenue
Blue Area sits along Islamabad’s primary east-west arterial road. Jinnah Avenue links major residential sectors directly to administrative and institutional zones, placing the Blue Area at the convergence point of commercial, civic, and residential traffic.
This is the kind of structural positioning that cannot be replicated elsewhere.
Concentration of Corporate Headquarters
Major national and multinational firms established their headquarters in the Blue Area due to its centrality and prestige. Financial institutions, telecom companies, and service-sector firms clustered here over time.
This concentration created a self-reinforcing cycle, as more firms attracted more firms, deepening the commercial density that defines a true urban core.
Proximity to Government and Civic Institutions
Ministries, regulatory bodies, and public-sector offices are located in adjacent zones. This proximity is strategically important for businesses in the finance, policy, and corporate coordination sectors, which form the backbone of any CBD.
Infrastructure and Transit Access
Wide boulevards, public transport corridors, and high-traffic convergence points all reinforce the Blue Area’s commercial accessibility. Footfall, visibility, and market liquidity are all higher here than anywhere else in the city.
What a Downtown Condominium in This Location Means
A downtown condominium in the Blue Area is not just a property purchase. It is a position within the city’s most active and stable economic zone.
Here is what that location delivers in practical terms:
Benefit
What It Means for Residents and Investors
Central location
Close to offices, hospitals, civic infrastructure, and transport
Established demand
Working professionals consistently seek housing near the Blue Area
High land value
Limited supply in a high-demand zone supports long-term appreciation
Low-maintenance living
Shared, professionally managed building, no personal upkeep
Security
Controlled access, CCTV, and on-site security in a multi-floor setup
Rental potential
Steady tenant pool from nearby corporate offices and institutions
For investors, the logic is straightforward. Rental demand in Islamabad’s commercial core comes from professionals who need to be near their workplace. That demand does not disappear when the economy shifts if anything, proximity to the city’s institutional and corporate centre becomes more valuable over time.
Downtown Condominium in Pakistan’s Urban Centres
The rise of downtown condominiums in Pakistan’s major cities reflects a structural change in how urban property is being approached.
Horizontal expansion, buying a plot in a new housing scheme on the city’s outskirts, has long been the default investment model. But that model has limitations: long commutes, high construction costs, slow appreciation in new or peripheral zones, and no professional management of shared infrastructure.
The downtown condominium model addresses all of these:
You own your unit outright
Building operations are managed professionally
Location is fixed in an established, high-demand zone
Entry costs are more accessible than land plus construction costs
Rental income is supported by consistent urban demand
This is why the apartment and condominium segment is growing not as a lifestyle trend, but as a rational response to how cities actually function.
What to Verify Before Buying
Not every development in or near the Blue Area delivers equal value. Before committing, check the following:
CDA approval and NOC status: Confirm all relevant approvals from the Capital Development Authority are in place
Developer track record: Look at previously delivered projects, not just promises
Management structure: Who manages the building post-handover, and how?
Payment plan documentation: Everything should be in writing and legally sound
Confirmed amenities: Distinguish between what is built into the project and what is aspirational
Unit type and floor specifics: Location within the building affects both living quality and rental value
Citadel One3 Downtown Condominium Living in Blue Area
Each apartment is designed to offer comfort, calm, and understated modern luxury with panoramic views of Islamabad’s most recognisable landmarks.
Citadel One3 is backed by Chakor Ventures, the developer behind Citadel 7, Islamabad’s first premium corporate tower, already positioned on Jinnah Avenue in the Blue Area with a December 2026 completion timeline.
For investors, the location within the Blue Area places Citadel One3 in the zone where commercial real estate has shown the strongest and most stable long-term growth in the city. For residents, it means living in the middle of Islamabad’s most connected and established urban address with the convenience of professionally managed condo living.
Is a Downtown Condominium the Right Move for You?
It makes sense if you:
Want to live close to the city’s commercial and civic core
Prefer managed, low-maintenance ownership
Are you investing for rental income in a high-demand location
Are you an overseas buyer who needs a professionally managed, rental-ready asset
Want an urban lifestyle without the complexity of building and maintaining a house
You may prefer other options if:
You need a large private outdoor space
You want a fully standalone property with no shared governance
Your focus is exclusively suburban or residential
Final Thoughts | Downtown Condominium
Islamabad’s urban growth created the conditions for the Blue Area to become what it is today, the city’s dominant commercial core, by data and by function, not just by branding.
A downtown condominium in this location is not a speculative bet. It is an investment in the most economically active, best-connected, and most stable commercial zone the city has produced.
The fundamentals are clear: limited land supply, established corporate demand, strong historical appreciation, and a growing preference for managed urban living.
For those looking at condos in Pakistan’s capital, the Blue Area is where the evidence points.
BBC-featured Content Specialist with a sharp eye for search intent and a proven ability to turn content into a growth engine. I leverage cutting-edge digital marketing tools to craft strategies that fuel organic traffic, amplify brand growth, and own the local SEO landscape, particularly across the competitive real estate market. I help brands dominate search rankings and convert visibility into measurable business success.
KARACHI: Karachi Mayor Murtaza Wahab on Monday inaugurated a road near the English Biscuit Manufacturers (EBM) facility constructed using recycled industrial plastic waste, marking a notable convergence of private-sector sustainability efforts and urban infrastructure development in Pakistan’s largest city.
The road, located adjacent to EBM’s Karachi manufacturing plant, was developed in partnership with Concept Loop and is designed to divert low-value plastic waste from landfills by converting it into durable road material. The initiative is part of EBM’s broader circular economy agenda and is presented as a scalable model for integrating recycled materials into national infrastructure projects.
Speaking at the inauguration, Mayor Wahab described the project as “practical innovation that Karachi needs,” adding that it addresses both infrastructural deficiencies and environmental challenges simultaneously. EBM Executive Director Shahzain Munir emphasised the company’s commitment to long-term value creation through circular solutions and called for stronger public–private collaboration to scale such initiatives nationwide.
The inauguration ceremony also featured public awareness activities on sustainable waste management practices.
Separately, Mayor Wahab laid the foundation stone for the rehabilitation of Mirza Adam Khan Road in Lyari Town on the same day, at an estimated cost of Rs400 million. The project encompasses a 4.48-kilometre dual carriageway, a 4.61-kilometre drainage line, and an 18-inch sewerage line, with completion targeted before 30 June 2026. The mayor noted the road is a key artery connecting the Mauripur Road and Garden areas and forms part of the broader Lyari Transformation Project, valued at approximately Rs5 billion in its first phase.
BBC-featured Content Specialist with a sharp eye for search intent and a proven ability to turn content into a growth engine. I leverage cutting-edge digital marketing tools to craft strategies that fuel organic traffic, amplify brand growth, and own the local SEO landscape, particularly across the competitive real estate market. I help brands dominate search rankings and convert visibility into measurable business success.
