Foreign investors express interest in development works of Karachi

Karachi: Administrator KMC Muhammad Hussain Syed has said many countries and investors have expressed interest in development works in Karachi and we expect launching of new mega projects very soon in the city. He said this on a meeting with various government officials, business community and industrialists during the annual investment conference held in Dubai.

The conference held from 1st to 3rd May 2012 is attended by over 4 thousand delegates from 45 countries of the world. Administrator KMC Muhammad Hussain Syed along with the Chief Minister of Sindh Syed Qaim Ali Shah, Federal minister for commerce Makhdoom Amin Fahim, Advisor to Chief Minister Sindh Zubair Motiwala and secretaries of various departments of Sindh government had reached Dubai for attending the conference.

On the first day Administrator KMC attended the key session of conference and met with the delegations of business community and investors from various countries. He also gave them briefing on the mass transit system, Karachi Circular Railway, Bus Rapid System, Solid Waste Management System and Land Management.

He said work on many of these projects underway already and KMC is trying to improve the city’s infrastructure. Administrator Muhammad Hussain Syed also offered delegations from Turkey, Dubai, Canada and Germany to visit Karachi which they accepted and assured him that they would soon visit Karachi to see the possibilities of investment in the mega city of Pakistan.

For more information, contact:
Administrator Secretariat
Karachi Metropolitan Corporation (KMC)
City District Government Complex, 1st Floor, Civic Centre,
Gulshan-e-Iqbal, Karachi
Tel: +9221 9923 2400 -01
Fax: +9221 9923 2406

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