these projects are not canceled dear the limitless company is still looking forward towards pakistan government and they wanted to invest in future on this karachi water front project in future..
In Pakistan, we are exploring opportunities in Lahore and Karachi. We will make further announcements on these projects at an appropriate time in the future, Saeed said. To a question regarding Karachi Waterfront project involving $68 billion investment, Saeed said:
Limitless remains interested in Pakistan as a future market and continues to monitor the situation there.
Limitless seeks more global openings after subprime crisis
its the political instability , security reasons and Local NGO's creating trouble in this project on environmental issues which are making trouble for them to invest here report is from 2009 and this was the last report up to date they didnt mentioned it as canceled .