Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

KCCI underscores need to fast-tack Karachi’s infrastructure rebuilding

byCT Report
15/09/2020
in Breaking News, Chambers & Associations, Latest News, Pakistan Chambers
Share on FacebookShare on Twitter

KARACHI: Chairman Businessmen Group (BMG) & former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli, while warmly welcoming finalization of an eight-member committee formed for effective implementation of Rs1.1 trillion Karachi Package, said, “We appreciate formation of the Provincial Coordination & Implementation Committee (PCIC) comprising representatives from the Federal and Sindh Governments along with an official from Pakistan Army who all will have to make sure that the allocated funds are utilized transparently and in the right direction while the overall timeline for the development work, which is spread over a period of three years, has to be reduced to one year by fast-tracking the infrastructure rebuilding work.”

In a statement issued, Chairman BMG stressed that keeping in view the gravity of the infrastructure disaster and the endless grievances being suffered by Karachiites, PCIC, which is being led by Chief Minister Sindh Syed Murad Ali Shah, will have to devise effective strategies to fast-track the infrastructure rebuilding work so that the gigantic task of rebuilding Karachi’s dilapidated infrastructure is completed within a year instead of three years.

You might also like

Gold price jumps Rs5,700 per tola

22/08/2026

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

22/08/2026

“The citizens and the business & industrial community of Karachi are living and doing business in awful circumstances in every nook and corner of Karachi hence, it is high time that the largest city of Pakistan, which contributes a mammoth revenue of more than 65 percent to the national exchequer and around 95 percent revenue to the provincial kitty, is treated accordingly and the much awaited relief in terms of infrastructure development is provided at the earliest”, he added.

He further suggested that the committee must also publicize detailed timeline and the plan of action for infrastructure development in which itemized details of all the projects, particularly the funds allocated along with commencement and completion dates of various projects must be notified which would go in favor of the government as it would help in dealing with the trust deficit and encourage the masses to stay calm and wait patiently for a positive change  but this change for good must not take too long and Karachiites must get it in a year.

Siraj Teli, while extending Karachi Chamber’s full support and cooperation to the federal and provincial governments for all their endeavors focused on doing something good for Karachi, hoped that the decision makers would pay special attention to the plight of Karachi which has been ignored since last more than two decades.

Related Stories

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

byCT Report
22/08/2026

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...

KP approves Digital Payment Act to promote cashless economy

byCT Report
22/08/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...

Aurangzeb, SRF delegation, discuss investment opportunities, economic cooperation

byCT Report
22/08/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...

Next Post

BMA Capital joins hands with PMRC to raise funds for housing market

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.