Over the years, some industrialists from Karachi have either shifted or expanded in Punjab due to rapid industrialisation, cheaper land price and better infrastructure. Dawn/File
KARACHI: The country’s biggest city enjoying an edge due to twin ports, Karachi has emerged as the most sought-after metropolis in terms of land prices for businesses despite deteriorating infrastructure in various industrial areas.
High industrial land rates in Karachi are a cause of concern for many small- to medium-sized investors. Over the years, some industrialists from Karachi have either shifted or expanded in Punjab due to rapid industrialisation, cheaper land price and better infrastructure. Along with Punjab, industrial estates in Khyber Pakhtunkhwa are coming up as alternative sites as the law and order situation improved considerably in recent years.