The prime minister said the development funds would be spent under the supervision of the Sindh governor and hoped that the projects would complete timely.
"The law and order situation will be improved", he said adding the PML-N leadership has resolved to solve such problems.
Prime Minister Shahid Khaqan Abbasi arrived in Karachi on his first visit on Saturday after being elected to the country's top position recently, ARY News reported.
Abbasi was also briefed on the preparation of plans to address the development deficit in the infrastructure development projects in the province as well as the provincial capital. Prime Minister Abbasi assured the governor that the federal government would continue to cooperate with the Sindh government in development projects. Abbasi is accompanied on the visit by Interior Minister Ahsan Iqbal.
Talking about the support the MQM-P had extended to him during his election as PM, Abbasi said the party had given him unconditional support.
The premier visited the Quaid's mausoleum to pay his regards, ahead of the seventieth Independence Day.
Briefing media about his engagements in the city, the prime minister said he had offered Fateha at the Mazar-e-Quaid, met the Sindh governor, chaired a meeting on law and order situation, interacted with the businessmen, besides meeting delegations of the Muttahida Qaumi Movement and the Pakistan Muslim League-Nawaz. The delegation asked the premier for their political freedom, and demanded to get their closed offices reopened.
MQM leader Dr Farooq Sattar had said then that he expected Abbasi to resolve Karachi's issues on a priority basis.