ANL 31.55 Increased By ▲ 0.05 (0.16%)
ASC 20.80 Increased By ▲ 1.00 (5.05%)
ASL 24.00 Increased By ▲ 0.04 (0.17%)
BOP 8.17 Decreased By ▼ -0.10 (-1.21%)
BYCO 10.24 Decreased By ▼ -0.18 (-1.73%)
FCCL 22.60 Decreased By ▼ -0.13 (-0.57%)
FFBL 27.20 Increased By ▲ 0.10 (0.37%)
FFL 21.20 Increased By ▲ 0.80 (3.92%)
FNEL 9.18 Increased By ▲ 0.40 (4.56%)
GGGL 28.03 Decreased By ▼ -0.07 (-0.25%)
GGL 46.75 Increased By ▲ 0.20 (0.43%)
HUMNL 7.55 Increased By ▲ 0.20 (2.72%)
JSCL 22.93 Increased By ▲ 0.28 (1.24%)
KAPCO 40.10 Increased By ▲ 0.18 (0.45%)
KEL 3.94 Decreased By ▼ -0.04 (-1.01%)
MDTL 3.81 Increased By ▲ 0.06 (1.6%)
MLCF 45.10 Decreased By ▼ -0.65 (-1.42%)
NETSOL 167.35 Increased By ▲ 1.29 (0.78%)
PACE 8.03 Decreased By ▼ -0.12 (-1.47%)
PAEL 34.87 Increased By ▲ 0.42 (1.22%)
PIBTL 11.35 Decreased By ▼ -0.10 (-0.87%)
POWER 9.35 Decreased By ▼ -0.01 (-0.11%)
PRL 24.13 Increased By ▲ 0.24 (1%)
PTC 11.75 Decreased By ▼ -0.05 (-0.42%)
SILK 1.83 No Change ▼ 0.00 (0%)
SNGP 51.18 Decreased By ▼ -5.07 (-9.01%)
TELE 15.57 Increased By ▲ 0.82 (5.56%)
TRG 168.06 Increased By ▲ 0.80 (0.48%)
UNITY 43.84 Decreased By ▼ -0.36 (-0.81%)
WTL 3.82 Increased By ▲ 0.26 (7.3%)
BR100 5,176 Decreased By ▼ -28.35 (-0.54%)
BR30 26,711 Decreased By ▼ -45.55 (-0.17%)
KSE100 47,673 Decreased By ▼ -120.39 (-0.25%)
KSE30 19,107 Decreased By ▼ -54.37 (-0.28%)

Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
23,048
3224hr
Pakistan Cases
1,008,446
3,75224hr
7.51% positivity
Sindh
367,092
Punjab
353,238
Balochistan
29,571
Islamabad
85,780
KPK
141,925

KARACHI: The Administrator of Karachi Metropolitan Corporation (KMC), Laeeq Ahmed has informed business community that KMC will be signing a Memorandum of Understanding (MoU) with United Nations Development Program (UNDP) which would make Karachi the second city to sign such an MoU as UNDP has signed a similar MoU with Istanbul city only.

Speaking at a meeting of Karachi Chamber of Commerce & Industry (KCCI), he said that despite limited resources and revenue, KMC has been striving hard to improve the road infrastructure of Karachi by carrying out maximum patch work whereas the street lights have also been made operational at 26 roads of the city.

Citing a few examples of public-private partnership, he stressed that civil society and private sector must come forward to join hands with KMC to improve the living environment of Karachi.

while responding to the hardships being faced by displaced shopkeepers whose business premises were razed in the anti-encroachment drive, he announced to form a committee comprising of KMC and KCCI representatives so that the issues pertaining to relocation of businesses at irrelevant markets, delays in handing over possessions, notices by anti-encroachment department and other issues could be discussed and resolved at the earliest so that the affected businessmen could quickly return to normalcy.

While seeking nominations from KCCI for the proposed committee, Administrator KMC assured that KMC was trying its best to hand over possessions of the allocated shops to affected shopkeepers as soon as possible.

Referring to concerns expressed over numerous issues which were falling under the ambit of DMCs, he proposed to summon a grand meeting in which representatives of all DMCs, KMC Officials, KCCI’s representatives and other stakeholders can be invited so that they all could thoroughly discuss and mutually agree on effective strategies for dealing with parking, road cutting and other civic issues particularly those falling outside the dominion of KMC.

He said that the anti-encroachment drive was purely against encroachers and as per orders passed by the Supreme Court of Pakistan while the lease of any property simply cannot be cancelled by KMC in the anti-encroachment drive and all such cases pertaining to cancellation of lease were being submitted at the court of law. “The anti-encroachment drive is purely against informal businesses which create hurdles in way of formal businesses.”

Laeeq Ahmed, while replying to a question raised over unavailability of fire fighting vehicles, informed that although the Fire Fighting Department has sufficient vehicles now but the drivers needed to run these vehicles were unavailable and the available staff was aging who cannot be given the responsibility to drive the newly acquired fire fighting vehicles. “We are aware of this issue and would add young drivers in the fire department so that this issue could be resolved and the response time in case of any fire incident could be reduced,” he added.

Chairman BMG Zubair Motiwala, in his remarks, offered KMC Administrator that KCCI, being the premier chamber, can give representatives from every single market of the city and also provide volunteers from all the markets who can cooperate and work closely with KMC which would speedily resolve many civic related issues.

Keeping in view the huge revenue being contributed by Karachi to the national exchequer, he stressed that funds being allocated to Sindh province in the NFC award have to be bifurcated in such a manner that Karachi receives a separate share as per its contribution. The enhanced funds allocated to Karachi only directly from NFC Award can be transferred to local government, KMC and DMCs which would surely help in dealing with liquidity crunch and drastically improve the infrastructure situation of Karachi.

He further requested the Administrator KMC to postpone the new anti-encroachment drive as it was not the right time to start another anti-encroachment drive in the city because businesses were already suffering badly due to the disaster caused by Covid-19 pandemic and were struggling really hard for their survival while the balloting performed for allocation of premises to displaced shopkeepers of previous anti-encroachment drive also needs to be reviewed as many businesses have been allocated spaces at irrelevant markets.

He also extended full support and cooperation of Karachi Chamber to Administrator KMC in all his initiatives for improving the infrastructure and living environment in Karachi.

Vice Chairman BMG Anjum Nisar stated that despite contributing a huge revenue of 70 percent, many localities of the city particularly the industrial zones give a war-torn impression as road infrastructure was almost inexistent and nobody comes forward to own the city which was really worrisome for the business community. “To deal with this issue, a relief package of Rs1100 billion was announced but to date, we have not seen where exactly these funds were utilised. The government has to do something for Karachi very seriously and urgently on SOS basis to make it not an ideal but a viable city,” he added.

General Secretary BMG AQ Khalil said that Karachi was being treated like an orphan as the city remains deprived of basic infrastructure facilities. “The city lacks proper public transport and faces parking issues while the roads, underpasses, gardens and educational institutions are in awful state,” he said, adding that the solution for all these problems lies in holding the local government elections as soon as possible otherwise the problems would keep on intensifying.

President KCCI Shariq Vohra, while welcoming Administrator KMC, pointed out that the infrastructure problem often causes severe traffic jams at some of the busiest roads of Karachi which creates law & order situation as the culprits get a perfect opportunity to easily snatch valuables from commuters stranded in traffic jams.

Senior Vice President KCCI Saqib Goodluck, Vice President KCCI Shamsul Islam Khan, Chairman KCCI’s Special Committee for Small Traders Majeed Memon, President Site Association of Industry Abdul Hadi, KCCI Managing Committee Members and a large number of small traders and shopkeepers attended the meeting.

Copyright Business Recorder, 2021