Karachi, March 20, 2013 (PPI-OT): KMC Administrator Syed Hashim Raza Zaidi has been given the study report about favourable environment for safe foreign investment by Director of South Asia Department JICA Japan Mr. Shigeki Fokudo which was prepared by JICA experts with the collaboration of local persons in one and half year.
On this occasion Administrator Karachi chair a meeting which was attended by JICA Director Mr. Shigeki Fokudo, Sr. Advisor Mr. Masao Nagasi, Mr. Keiji Ehara, Financial Advisor KMC Khalid Shaikh, Director General Technical Services Altaf G. Memon, Director General Mass Transit Rasheed Mughal, Sr. Director I.T Masood Alam, Sr. Director E and IP Farhan Durrani, Incharge Foreign Affairs Atiq Baig, Director Education Afaq Mirza and other officers.
Administrator Karachi Syed Hashim Raza Zaidi said that foreign investors would be provided with every type of facility in Karachi whereas various development projects under public private partnership were being considered.
He said KMC was ready to provide facilities and help foreign investors start projects or business in Karachi and the works which were under the responsibilities of Government of Sindh or Government of Pakistan would be fully recommended.
He said short term based projects in Karachi should be completed with the collaboration of JICA on priority basis which include Transport, improvement of Infrastructure, Roads and Environment. JICA Japan presented report and urged that it was necessary to improve infrastructure of Karachi for better and more investments, measures to project foreign experts and labor should be taken along with the availability of facilities of water and electricity for 24 hours so that better environment could establish for investment. On this occasion Karachi Circular Railway, Bus Rapid System, Mehran Highway and other projects were discussed in detail.
For more information, contact:
Karachi Metropolitan Corporation (KMC)
City District Government Complex, 1st Floor, Civic Centre,
Tel: +9221 9923 2400 -01
Fax: +9221 9923 2406