AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

In an effort to manage the operation and maintenance of the Karachi Bus Rapid Transit System (KBRTS), the Sindh Mass Transit Authority (SMTA) Board held its second meeting on Wednesday at the Secretariat Services General Administration & Coordination Department. The meeting was presided over by the SMTA Board chairman and Sindh Minister of Transport and Mass Transit Department Syed Nasir Hussain Shah.
The meeting was also attended by other members of the Board included Secretary Transport and Mass Transit Department Saeed Ahmad Awan, Mayor Karachi Waseem Akhtar, Mayor Hyderabad and representatives of the Asian Development Bank.
In his welcome remarks, Nasir Hussain Shah extended his gratitude to all the participants including representatives of the Asian Development Bank which was followed by remarks of the Secretary Transport and Mass Transit Department.
Sindh Mass Transit Authority's managing director Hanif Muhammad Mirchiwala presented the minutes of 1st meeting of SMTA Board for ratification and approval of the members which were unanimously approved.
The SMTA Board also approved the establishment of the Trans Karachi Company and inclusion of the Mayor Karachi as a member of the Board of company. However, the ADB representative informed that as per the Securities and Exchange Commission of Pakistan, the chairman of the Company shall be an independent member.
While responding to Mayor Hyderbad for any planned BRT project for Hyderabad, the Minister Transport and Mass Transit Department said a Master plan has yet to be developed for both Hyderabad and Sukkur. He said the SMTA has submitted a grant proposal to the Japan International Cooperation Agency (JICA) and the Korea International Cooperation Agency for devising master plan for both Hyderabad and Sukkur. He mentioned that if the grant proposal was not approved, the same would be placed in the Annual Development Programme of the Sindh Govt.

Copyright Business Recorder, 2018

Comments

Comments are closed.