Sindh CM reviews WB-funded projects worth $3.8bn

Sindh CM reviews WB-funded projects worth $3.8bn

KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Monday reviewed a portfolio of 12 World Bank-financed projects worth $3.849 billion and directed the departments concerned to speed up implementation, resolve bottlenecks and meet agreed timelines so that the investments translate into better public services. He was chairing a high-level portfolio review meeting with World Bank Country Director Bolormaa Amgaabazar at CM House to take stock of implementation, financial progress, procurement and outstanding challenges across the province. According to a statement issued by CM House, the meeting reviewed 12 active operations with a combined commitment of $3.849bn. Of this, $2.334bn has been disbursed and $1.511bn remains undisbursed. Participants also examined the financial and procurement performance of the projects, including the 2026-27 disbursement target of $381.2m, with a stretch target of $434.2m. Actual disbursements so far stand at $43.2m. The chief minister directed departments and project teams to take ownership of pending actions, strengthen coordination and meet agreed timelines. The $240 million Second Karachi Water and Sewerage Services Improvement Project (KWSSIP-2) was reviewed with particular attention to the K-IV associated facilities. The meeting noted that environmental and social instruments for the facilities had been prepared and submitted to the World Bank for clearance, while compliance monitoring was continuing. The Karachi Mobility Project, which includes the Yellow Line Bus Rapid Transit (BRT) corridor and associated road infrastructure, was reviewed with particular attention to the Jam Sadiq Bridge and bus depots. Published in Dawn, November 3rd, 2026