AIRLINK 191.84 Decreased By ▼ -1.66 (-0.86%)
BOP 9.87 Increased By ▲ 0.23 (2.39%)
CNERGY 7.67 Increased By ▲ 0.14 (1.86%)
FCCL 37.86 Increased By ▲ 0.16 (0.42%)
FFL 15.76 Increased By ▲ 0.16 (1.03%)
FLYNG 25.31 Decreased By ▼ -0.28 (-1.09%)
HUBC 130.17 Increased By ▲ 3.10 (2.44%)
HUMNL 13.59 Increased By ▲ 0.09 (0.67%)
KEL 4.67 Increased By ▲ 0.09 (1.97%)
KOSM 6.21 Increased By ▲ 0.11 (1.8%)
MLCF 44.29 Increased By ▲ 0.33 (0.75%)
OGDC 206.87 Increased By ▲ 3.63 (1.79%)
PACE 6.56 Increased By ▲ 0.16 (2.5%)
PAEL 40.55 Decreased By ▼ -0.43 (-1.05%)
PIAHCLA 17.59 Increased By ▲ 0.10 (0.57%)
PIBTL 8.07 Increased By ▲ 0.41 (5.35%)
POWER 9.24 Increased By ▲ 0.16 (1.76%)
PPL 178.56 Increased By ▲ 4.31 (2.47%)
PRL 39.08 Increased By ▲ 1.01 (2.65%)
PTC 24.14 Increased By ▲ 0.07 (0.29%)
SEARL 107.85 Increased By ▲ 0.61 (0.57%)
SILK 0.97 No Change ▼ 0.00 (0%)
SSGC 39.11 Increased By ▲ 2.71 (7.45%)
SYM 19.12 Increased By ▲ 0.08 (0.42%)
TELE 8.60 Increased By ▲ 0.36 (4.37%)
TPLP 12.37 Increased By ▲ 0.59 (5.01%)
TRG 66.01 Increased By ▲ 1.13 (1.74%)
WAVESAPP 12.78 Increased By ▲ 1.15 (9.89%)
WTL 1.70 Increased By ▲ 0.02 (1.19%)
YOUW 3.95 Increased By ▲ 0.10 (2.6%)
BR100 11,930 Increased By 162.4 (1.38%)
BR30 35,660 Increased By 695.9 (1.99%)
KSE100 113,206 Increased By 1719 (1.54%)
KSE30 35,565 Increased By 630.8 (1.81%)

KARACHI: Federal Minister for Planning, Development and Special Initiatives Asad Umar has reassured that Federal government will do its best for the revival and upgradation of Karachi's infrastructure in cooperation with Sindh Government and other stakeholders.

He was speaking at a reception arranged for him by Vanthali Memon Association here Saturday evening.

Asad Umar said that in a meeting with Sindh Chief Minister Syed Murad Ali Shah here today it was decided that encroachment on major nullahs of the city would be removed from this Monday. Gujar nullah, Lyari River and Korangi nullah were included. National Disaster Management Authority had been tasked with cleaning of main nullahs to ensure proper drain of rain water in future.

Upgradation of the city's infrastructure would need hundreds of billions of Rupees, however Pakistan Tehreek-i-Insaf government was ready to share the burden to the maximum possible level. But, he asserted, Sindh Government must on the ground.

"We as a team shall do this task," he pledged. In response to the speech from Chairman of Association of Boulders and Developers, Mohsin Sheikhani, the Federal Minister for Planning and Development said Prime Minister Imran Khan was personally taking interest to promote construction and housing industry and was regularly monitoring the progress.

"Prime Minister holds regular weekly meetings of Coordination Committee on Housing to get update from all stakeholders," he said.

After his continuous pursuance, the Prime Minister succeeded in getting concessions/support from International Monetary Fund during hard economic situation due to Covid-19 pandemic.

He acknowledged that the housing and construction industry could play a big role in strengthening the economy.

Patron-in-Chief, Vanthali Memon Association, Mansoor Memon, President of the association Haroon Qasim, President, Memon Professional Forum, Ibrahim Qasim and President, All Pakistan Memon Federation, M Hanif Motlani also spoke.

Comments

Comments are closed.