In­vest­ment ac­tiv­i­ties on rise in city: Ebad

Pakistan Observer - - KARACHI CITY - CITY RE­PORTER

KARACHI—Governor Sindh Dr Ishrat ul Ebad Khan has said that Karachi is the eco­nomic back­bone of Pak­istan and any eco­nomic ac­tiv­ity in this mega city has huge bear­ing on the over­all eco­nomic de­vel­op­ment and pros­per­ity of the coun­try.

Af­ter the im­prove­ment of law and or­der sit­u­a­tion in Karachi it is once again be­com­ing a city of ac­cel­er­ated in­vest­ment ac­tiv­i­ties and in­dus­tri­al­i­sa­tion. This he said while ad­dress­ing at a farewell din­ner in hon­our of Bri­tish Deputy High Com­mis­sioner, John A Tuc­knott or­gan­ised by Bri­tish Busi­ness Cen­tre at Governor House.

Se­nior Min­is­ter for Ed­u­ca­tion Nisar Ahmed Khuhro, Min­is­ter Food Syed Nasir Shah, Bri­tish High Com­mis­sion, Thomas Drew, CEO Bri­tish Busi­ness Cen­tre Mala­hat Awan, di­plo­mats of var­i­ous coun­tries and in­dus­tri­al­ists were also present on the oc­ca­sion, a Governor House of­fi­cial said on Tues­day.

Ebad said that when John came to Karachi in 2013, the law and or­der sit­u­a­tion was not ideal and in­vestors were re­luc­tant to in­vest here. Now the sit­u­a­tion has been im­proved con­sid­er­ably with the stren­u­ous ef­forts of law en­force­ment agen­cies and co­op­er­a­tion of the residents which is recog­nised and ap­pre­ci­ated by all, he ob­served.

He said that Tuc­knott has en­deav­oured his ut­most for pro­mo­tion of eco­nomic ties be­tween Britain and Pak­istan dur­ing his stay in Karachi. The peo­ple of Sindh would never for­get his ser­vices in so­cial sec­tor, he added.

He said that es­tab­lish­ment of Bri­tish Busi­ness Cen­tre is also an achieve­ment on part of Tuc­knott and this cen­tre would play an im­por­tant role in fur­ther en­hanc­ing bi­lat­eral trade and busi­ness. This cen­tre would also pro­vide guid­ance to Bri­tish in­vestors for their in­vest­ment port­fo­lio, he opined.

Governor Sindh said that trade ac­tiv­ity be­tween the two coun­tries is very much bi­lat­eral as many Pak­istani busi­ness­men have es­tab­lished their busi­nesses in UK. The peo­ple of Pak­istan are thank­ful to Bri­tish Prime Min­is­ter David Cameron for ex­tend­ing sup­port for pro­mo­tion of democ­racy and photo up­lift­ment of so­cial sec­tor.

Bri­tish High Com­mis­sioner Thomas Drew speak­ing on the oc­ca­sion said that John is a de­voted and ded­i­cated diplo­mat. He has not only made many friends in Pak­istan but has also worked for bring­ing the peo­ple of both coun­tries more closer. John Tuc­knott said that he would never for­get the love and co­op­er­a­tion of peo­ple of Pak­istan in gen­eral and Sindh in par­tic­u­lar.

John fur­ther said that he is leav­ing this city with rich mem­o­ries of his three years stay and would love to come here again. The peo­ple of Britain and Pak­istan have very close ties and Britain is proud of the con­tri­bu­tions of peo­ple of Pak­istani ori­gin spe­cially in the fields of busi­ness, pol­i­tics and sports, he con­cluded.

Chief Min­is­ter Syed Qaim Ali Shah pre­sid­ing over a joint meet­ing of dif­fer­ent de­part­ments to as­sess provin­cial re­ceipts. Se­nior Min­is­ter for Fi­nance Mu­rad Ali Shah, Chief Sec­re­tary Sindh Sid­dique Me­mon, Prin­ci­pal Sec­re­tary to CM Ala­mud­din Bullo and provin­cial sec­re­taries at­tended the meet­ing.—PO

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