ANL 32.90 Decreased By ▼ -0.90 (-2.66%)
ASC 14.47 Decreased By ▼ -0.66 (-4.36%)
ASL 24.40 Decreased By ▼ -1.10 (-4.31%)
AVN 91.70 Decreased By ▼ -3.80 (-3.98%)
BOP 9.05 Decreased By ▼ -0.12 (-1.31%)
BYCO 9.75 Decreased By ▼ -0.48 (-4.69%)
DGKC 131.90 Decreased By ▼ -5.60 (-4.07%)
EPCL 49.50 Decreased By ▼ -2.12 (-4.11%)
FCCL 24.35 Decreased By ▼ -0.65 (-2.6%)
FFBL 24.24 Decreased By ▼ -1.21 (-4.75%)
FFL 15.08 Decreased By ▼ -0.62 (-3.95%)
HASCOL 10.50 Decreased By ▼ -0.40 (-3.67%)
HUBC 85.01 Decreased By ▼ -1.74 (-2.01%)
HUMNL 6.69 Decreased By ▼ -0.41 (-5.77%)
JSCL 25.30 Decreased By ▼ -1.74 (-6.43%)
KAPCO 38.90 Decreased By ▼ -1.10 (-2.75%)
KEL 3.97 Decreased By ▼ -0.18 (-4.34%)
LOTCHEM 14.40 Decreased By ▼ -0.40 (-2.7%)
MLCF 45.90 Decreased By ▼ -1.69 (-3.55%)
PAEL 36.61 Decreased By ▼ -1.69 (-4.41%)
PIBTL 11.46 Decreased By ▼ -0.45 (-3.78%)
POWER 10.18 Decreased By ▼ -0.52 (-4.86%)
PPL 89.79 Decreased By ▼ -1.18 (-1.3%)
PRL 26.38 Decreased By ▼ -1.07 (-3.9%)
PTC 8.60 Decreased By ▼ -0.21 (-2.38%)
SILK 1.34 Decreased By ▼ -0.06 (-4.29%)
SNGP 41.05 Decreased By ▼ -2.70 (-6.17%)
TRG 143.15 Decreased By ▼ -4.55 (-3.08%)
UNITY 29.91 Decreased By ▼ -1.29 (-4.13%)
WTL 1.43 Decreased By ▼ -0.09 (-5.92%)
BR100 4,889 Decreased By ▼ -126.5 (-2.52%)
BR30 25,263 Decreased By ▼ -867.64 (-3.32%)
KSE100 45,362 Decreased By ▼ -795.44 (-1.72%)
KSE30 18,928 Decreased By ▼ -379.92 (-1.97%)

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