Karachi Chamber of Commerce and Industry takes possession of property in Clifton, Construction work for setting up its building to start soon: Siraj Teli

Karachi, April 25, 2016 (PPI-OT):The Karachi Chamber of Commerce and Industry (KCCI) has achieved a significant milestone by taking possession of a property situated in the vicinity of Clifton after fulfilling all the legal formalities including payment of stamp duty, registration fee and capital value tax etc.

To commemorate the purchase of property for setting up KCCI’s Building, a simple yet impressive ceremony was held at KCCI’s existing building in which the Registry Documents were formally inked by the Secretary General KCCI SMH Rizvi and the seller Ahmed Kulli Khan Khattak in presence of Registrar, BMG Leadership, KCCI Office Bearers and Managing Committee members.

Chairman Businessmen Group and Former President KCCI Siraj Kassam Teli, Vice Chairman BMG and Former President KCCI Haroon Farooki, President KCCI Younus Muhammad Bashir, Senior Vice President KCCI Zia Ahmed Khan, Vice President KCCI Muhammad Naeem Sharif, Former Presidents KCCI AQ Khalil, M. Haroon Bari, Haroon Agar and Abdullah Zaki, Former SVPs KCCI Abdul Majeed Memon, Shamim Ahmed Firpo and Muhammad Ibrahim Kasumbi, Chairman of KCCI’s Special Committee for My Karachi Exhibition Muhammad Idrees and KCCI Managing Committee members were present on the occasion.

It is pertinent to mention that Karachi Chamber initiated a deal in the month of January 2016 for purchase of a 2596 square yard land valuing Rs428.34 million situated near Do Talwar for construction of KCCI’s grand building and the deal successfully concluded with signing of the Registry Documents and presentation of pay order to the seller.

Speaking on the occasion, Chairman Businessmen Group and Former President KCCI Siraj Kassam Teli said that they will soon start construction work for setting up a multi-story state-of-the-art building, providing all facilities and services under one roof to facilitate the business and industrial community of Karachi.

On various occasions, Siraj Kassam Teli has expressed his resolve to gift a state-of-the-art KCCI’s building on behalf of BMG to the Business and Industrial community of Karachi and they have finally succeeded in achieving this objective, thanks to BMG’s transparent policies which were strictly being adhered by all the BMGIANs since last 18 years.

“With completion of all legal formalities and acquisition of property in Clifton, the dream of having a grand Headquarters of Karachi Chamber will soon become a reality”, BMG Chairman said, adding that this building will surely be an invaluable gift not only for the business and industrial community of Karachi but also for all the citizens who will be fully assisted in a much more friendlier and professional environment.

President KCCI Younus Muhammad Bashir, in his remarks, said, “It is a historic day not only for the Businessmen Group but also for the entire business and industrial community of Karachi as today, we have all gathered here to complete the remaining legal formalities and take possession of KCCI’s property in Clifton.”

He said that under the supervision of Chairman BMG Siraj Kassam Teli who introduced and effectively implemented the policy of ‘Public Service’, the Karachi Chamber has transformed from a bankrupt organization in 1998 to a self-sustainable and stronger organization which has become a vibrant platform for raising voice for the entire business and industrial community of Karachi.

“Businessmen Group’s era will be penned down with golden words as the Group has been rigorously working 24/7 for the welfare of entire the Business and Industrial community of Karachi”, he added.

For more information, contact:
Aamir Hassan
Director Press/Electronic Media and Public Relations
Karachi Chamber of Commerce and Industry (KCCI)
Aiwan-e-Tijarat Road, Off Shahrah-e-Liaquat,
Karachi-74000
Phone: +92-21-99218001-09
Fax: +92-21-99218040
Email: info@kcci.com.pk, secretary@kcci.com.pk
Website: www.kcci.com.pk