Karachi Division

Karachi | ReNews Pakistan
Colgate Palmolive Pakistan Limited is moving to acquire major manufacturing assets of Procter and Gamble Pakistan Limited in what could become a significant transaction in Pakistan’s fast moving consumer goods sector.
According to a disclosure submitted to the Pakistan Stock Exchange, the board of directors of Colgate Palmolive Pakistan approved negotiations and entry into an Asset Purchase Agreement with Procter and Gamble Pakistan during a meeting held on May 14, 2026.
The proposed acquisition covers land, manufacturing facilities and other related assets located at Port Qasim, Karachi. The area is one of Pakistan’s most important industrial and logistics zones, hosting several major manufacturing and export oriented businesses.
Colgate Palmolive Pakistan said the transaction is subject to the execution of a final Asset Purchase Agreement, regulatory approvals and completion of necessary legal and procedural requirements. The company did not disclose the financial value of the proposed deal.
The development comes after P&G’s earlier decision to wind down its manufacturing and commercial operations in Pakistan as part of a wider global restructuring plan. The multinational company had announced that it would continue serving Pakistani consumers through regional operations and a third party distributor model.
P&G entered Pakistan in 1991 and built a strong manufacturing presence over the years, including production facilities at Port Qasim for major consumer brands such as Ariel, Pampers, Pantene, Head and Shoulders and other household products.
In 2019, the company had also invested more than 50 million dollars to expand its Port Qasim operations, highlighting the importance of the facility in its Pakistan business strategy at the time.
For Colgate Palmolive Pakistan, the proposed acquisition may strengthen its manufacturing base and expand its operational capacity at a time when local production, supply chain efficiency and cost control remain key priorities for consumer goods companies operating in the country.

KARACHI | ReNews Pakistan
The Sindh government has announced that the Malir Expressway, officially named Shahrah e Bhutto Expressway, will be fully opened for public traffic by the end of this month. The project is being described as a major development in Karachi’s transport and road infrastructure.
Sindh Senior Minister Sharjeel Inam Memon, while addressing a press conference in Karachi, said the project would provide the city with a direct and high speed link to the M 9 Motorway. According to him, the completion of the expressway would significantly improve traffic flow for people entering and leaving Karachi, particularly those travelling between urban areas, industrial zones and the motorway network.
Sharjeel Inam Memon said the opening of the corridor is expected to reduce commuters’ travel time by up to one hour. He described the project as one of Karachi’s most important infrastructure initiatives, saying it would ease pressure on existing roads and provide a faster alternative route for daily commuters as well as long distance travellers.
The 39 kilometre expressway has already been opened in different phases, while the remaining sections are expected to become fully operational during this month.
According to officials, more than 88 percent of the project had been completed earlier this year, while work was continuing on the remaining sections, associated structures and final connectivity points.
Sharjeel Inam Memon said the Sindh government is working on several road, bridge and underpass projects to improve mobility across Karachi. He added that a new road project is also being developed to connect Karachi Port with Taj Haider Bridge, which would improve freight movement and reduce pressure on key city routes.
According to the senior minister, the groundbreaking ceremony for the Karachi Port to Taj Haider Bridge road project is also expected around the time of the completion of Shahrah e Bhutto Expressway. He said the government wants to complete Karachi’s major infrastructure schemes as soon as possible to provide relief to citizens and strengthen the city’s transport network.
He further said work on bridges, underpasses, roads and other development projects is continuing under the Karachi Metropolitan Corporation and local government departments. Sharjeel Inam Memon said improving Karachi’s road infrastructure remains a priority for the Sindh government, as better connectivity is essential for economic activity, public convenience and urban development.

Karachi: [ReNews Pakistan]
Sindh Chief Minister Syed Murad Ali Shah has directed the Karachi Development Authority and the Local Government Department to speed up work on two major flyover projects planned for Power House Chowrangi and 4-K Chowrangi, as part of the provincial government’s efforts to reduce traffic congestion in Karachi.
The proposed projects, with a combined estimated cost of Rs. 4.87 billion, were reviewed during a high level meeting chaired by the chief minister at CM House. The meeting focused on ongoing infrastructure and road development schemes across the city, particularly projects aimed at improving traffic flow at major intersections.
According to the briefing, the proposed flyover at Power House Chowrangi in North Karachi will be constructed at an estimated cost of Rs. 2.5 billion. The project will include a 636 metre dual track elevated structure designed to separate through traffic from turning traffic at one of the area’s busiest junctions.
Sindh Local Government Minister Nasir Hussain Shah informed the meeting that the Power House Chowrangi flyover would allow traffic heading toward 4-K Chowrangi to move without interruption, while vehicles turning toward Saba Cinema and Khwaja Ajmer Nagri would continue using ground level routes and service roads.
Officials said nearly 80 percent of through traffic is expected to use the elevated flyover once completed, significantly reducing pressure on the existing road network and improving movement for local commuters.
The meeting also reviewed the proposed Rs. 2.377 billion flyover project at 4-K Chowrangi. The project is aimed at ensuring smoother and uninterrupted traffic flow toward Surjani Town, where increasing traffic volumes have created frequent bottlenecks and long delays.
Karachi Mayor Murtaza Wahab told the meeting that around 70 percent of traffic passing through 4-K Chowrangi currently moves toward Surjani Town, making the intersection one of the key congestion points in the area.
Chief Minister Murad Ali Shah directed the departments concerned to finalize planning for both projects and ensure that the flyovers are designed in line with future traffic requirements. He said Karachi’s growing transport needs must be addressed through long term infrastructure planning and timely execution of development schemes.