AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,629 Increased By 103 (1.37%)
BR30 24,842 Increased By 192.5 (0.78%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)

KARACHI: Provincial Minister for Local Government Syed Nasir Hussain Shah has said that there has been a lot of improvement after the appointment of administrators in Karachi Metropolitan Corporation and District Municipal Corporation and added that priority should be given to the ongoing development projects in the city.

The Provincial Minister stated that KMC owns valuable assets if properly managed, the corporation would need no grants.

He expressed these views while presiding over an important meeting regarding KMC development schemes at the KMC headquarters here on Wednesday. Secretary Local Government Najam Shah, Administrator Karachi Laiq Ahmed, Deputy Commissioner South Irshad Ali Sodhar, Senior Director Municipal Services Masood Alam, KMC Finance Advisor Afaq Saeed, Special Secretary Local Government Najeeb Ahmed, Director General Works and Services Shabih-ul-Hassan Zaidi, Focal Person for KMC Karamullah Waqasi and others were also present.

The Provincial Minister said that Chairman Bilawal Bhutto Zardari has given special instructions for the development of Karachi. He directed to carry out scrutiny of ongoing development schemes and priority should be given to important schemes in terms of completion. “If additional funds are needed, he will request the Chief Minister Sindh for special grant,” he said.

Nasir Hussain Shah directed Administrator Karachi Laiq Ahmed to expedite the process of scrutiny of KMC assets given at low rates and make the charged parking system transparent to increase KMC’s revenue.

He said that advertisements were allowed in other major cities of country but Karachi was exploring this potential avenue of income generation due to lack of bylaws for awarding contracts to advertising companies. He directed to nominate focal person for preparing bylaws for advertisement.

The Provincial Minister added that several mega projects were completed under local government department that yet to be handed over to KMC and directed the Secretary Local Government to hand over the completed projects to KMC after completing all codal formalities including Drigh Road Underpass, Mehran Underpass and other completed projects.

Syed Nasir Hussain Shah was of view that appropriate utilisation of available resources and proper strategy could solve financial problems and move the institution on the path of stability and development.

During the meeting, other development schemes including improvement of infrastructure in the city under KMC were reviewed in detail and future strategies were worked out. Financial situation of KMC and availability of funds were also discussed.

Copyright Business Recorder, 2021

Comments

Comments are closed.