Caretaker Finance Minister of Sindh, Dewan Mohammed Yusuf Farooqi has become the minister in Sindh cabinet for the second time. He was the minister in Sindh provincial government for Industries, Labour, Transport, Mines & Mineral Development, Local Government, Housing & Town Planning and Kachi Abadis from October 1999 till 2003.
A recipient of Sitara-e-Imtiaz (SI), Dewan Yusuf Farooqi is a prominent and one of the leading industrialist of the country. It was his commitment and dedication, which made him stand out as an outstanding industrialist for which President Pervez Musharraf decided to confer Sitara-e-Imtiaz to him for being the highest industrial investor of Pakistan.
Farooqi is the Group Managing Director of Dewan Mushtaq Group (DMG), the basic aim of which is to benefit the people including customers, employees and shareholders, and to fulfil their commitment to the society.
The group enjoys the confidence of general public, local and foreign capital markets, financial institutions and the government with an annual turnover exceeding 850 million dollars.
Farooqi is a great sports lover and is the president of the Sindh Squash Association. He is also patron in chief of many sports clubs and is involved in sponsoring major sports and cultural events in Pakistan.
He is Chairman of Pakistan Textile City Limited, Chief Patron of Pakistan Kenya Friendship Association & Business Council, Co-Chief Patron of Pakistan Korea Business Forum, member of Young President Organisation, member of International Chamber of Commerce, member Pakistan India CEOs Business Forum and member of Pak France Business Alliance.
FAROOQI IS LOOKING AFTER THE FOLLOWING GROUP COMPANIES: Automobile and Motorcycle, Dewan Farooque Motors Limited, Dewan Motors Private Limited, Dewan Mushtaq Motor Company Private Limited, Dewan Motorcycles Private Limited, Dewan Automotive Engineering Limited, Polyester Staple Fibre, Dewan Salman Fibre Limited, Dewan Sugar Mills Limited, Dewan Khoski Sugar Mills Private Limited, Bawany Sugar Mills Limited, Al-Asif Sugar Mills Limited, Dewan Textile Mills Limited, Dewan Khalid Textile Mills Limited, Dewan Mushtaq Textile Mills Limited, Dewan Farooque Spinning Mills Limited, Automotive Air Conditioners, Delta Climate Control & Engineering Limited, Dewan Cement Limited, Dewan Hattar Cement Limited, Retailing & Global Trading Operations, Dewan Foods Private Limited, Dewan Farooque Foods Private Limited, Dewan Mushtaq Trade Limited, Corporate Farming, Dewan Lindsay Agricultural Development Company Limited, Dewan Energy Private Limited, Dewan General Insurance Company Limited.
Farooqi is also involved in a number of social services across the country. Under the guidance of Farooqi the group has contributed to the following services.
A wide range of free medical services have been provided to people living in rural and remote areas which include far flung areas like Mirpurkhas, Thatta, Sukkur, Badin and Sujawal. Facilities have been set up, equipped with latest medical equipment and expertise.
The public service facilities include Dewan Farooque Medical Complex, a 400 bed medical complex building donated to SIUT (Sindh Institute of Urology Treatment) costing Rs 240 million, Dewan Farooque Visual Park, Islamabad, Dewan Farooque Mosque, Islamabad, Dewan Mushtaq Mosque, Karachi, Dewan Mushtaq Coronary Care Unit, Hyderabad, Dewan Mushtaq Coronary Care Unit, Sukkur, Dewan Mushtaq Children Orthopaedic Ward, Karachi, Dewan Mushtaq Urology Ward-cum-Laboratory, Karachi, Dewan Salman Dispensary, Budho Talpur, Sindh, Dewan Medicare Hospital, Hattar, NWFP.
Farooqi is also playing an active role in the development of educational institutions in rural areas. At all DMG plant locations, the group has established schools providing highest level of education at par with urban schools. The schools are recognised by the Board of Education, Government of Pakistan. Education is provided free of cost together with uniforms, syllabus and meals.
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