Karachi: Convener of Muttahida Qaumi Movement Pakistan Dr. Khalid Maqbool Siddiqui says that there is an intention to create 2 industrial and economic zones in Karachi. A policy is being prepared for the promotion of the export industry. He expressed these views while addressing the Korangi Association of Trade and Industry (KATI). President Faraz-ur-Rehman, Deputy Patron-in-Chief Zubair Chhaya, Senior Vice President Nighat Awan, Vice President Muslim Mohammadi, Standing Committee Chairman for Public Relations Ikram Rajput, Former Presidents Farhan-ur-Rehman, Gulzar Feroze, Johar Qandhari, Senator Khaleda Ateeb, MQM’s Member National Assembly Muhammad Abu Bakr, Administrator Korangi Sharif Khan, Senior Director Council Javed Khan, Adnan Khan and other were also present.
MQM convener Khalid Maqbool Siddiqui further said that KATI should give their suggestions which we will take to Prime Minister Shehbaz Sharif. All citizens of Pakistan should get equal rights. He said that in 1998, an agreement was first signed with China for the restoration of steel mills, but unfortunately, the government’s priority is not the economy but fulfilling their interests. He said that MQM is struggling with the quota system. People are also now against the quota system, but those who choose merit should be on merit themselves.
Earlier, KATI President Faraz-ur-Rehman said that Karachi is being treated like a stepmother and no one is ready to own Karachi. He said that the country is going through a serious economic crisis but despite this, the ruling class is engrossed in its differences. Blaming each other is going on which is hurting the economy.
President KATI said that there is no economic policy of the government, the business community regularly presents its suggestions but the government does not pay any attention to them.
Faraz-ur-Rehman said that the only solution to deal with the economic crisis is a comprehensive and long-term economic policy or Charter of the economy.
Deputy Patron-in-Chief Zubair Chhaya said that Karachi is being neglected, Karachi contributes 60 percent of the country’s revenue, but despite this, there is a lack of infrastructure, and basic facilities. Without providing facilities to Karachi, the country cannot develop economically. Zubair Chhaya said that in the past, the capital was transferred from Karachi to other cities, but now the situation has deteriorated to such an extent that industries are closing down and capital is being transferred abroad, which is causing a direct loss to Pakistan.
He said that street crime is increasing in Karachi, and unemployment is at its peak. Difficulties are being increased for the business community due to which the industry is closing down from Karachi and moving to other cities or abroad.
Standing Committee for Public Relations Chairman Ikram Rajput said that the business community is suffering from severe anxiety in the current situation of the country. Former presidents Farhan-ur-Rehman, Gulzar Feroze and Johar Qandhari also addressed the event.
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