Karachi to get world's tallest building in 'UAE makeover'
Abu Dhabi Group is to construct the world’s tallest building in Karachi, according to media reports in Pakistan.
As part of the project, the Pakistani city will get a UAE-style makeover, including the world’s tallest tower, a sports city, an international city, a medical city and an education city.
The plan includes replicas of the Seven Wonders Of The World, similar to the project planned for Dubai’s Falconcity.
The Dhs165 billion scheme is expected to create more than 2.5 million jobs in Pakistan and will be the largest foreign investment the country has ever seen.
Pakistani real estate billionaire Malik Riaz Hussain, owner of the Bahria Town property company, signed an agreement on Friday in Karachi with the chairman of the Abu Dhabi Group, HH Sheikh Nahyan bin Mubarak Al Nahyan, the Express Tribune reported.
Masar, an assistant manager at Bahria Town’s Dubai office, confirmed the deal to 7DAYS yesterday and said full details would be released at a later date.
Dhs128 billion will be invested in the Karachi project and Dhs37 billion will be invested in Islamabad and Lahore.
While reports say the new tower will dwarf the Burj Khalifa’s 828m height, no details regarding its exact size or name have been released. 7DAYS was yesterday unable to contact officials from Abu Dhabi Group.