Karachi Metropolitan Corporation Evaluate Increase In Revenue Generation

Karachi, June 10, 2012 (PPI-OT): KMC Administrator Muhammad Hussain Syed has urged the officers to take effective measures for providing permanent sources of income to KMC. He was chairing a meeting review meeting in his office which was attended by Senior Director Finance Aamir Khurshid, Director General Technical Services Altaf G. Memon, Senior Director Health Services Dr. Shoukat Zaman, Director E and IP Shoaib Waqar and other high officials of KMC.

Administrator Karachi directed the officers to assess those measures minutely which could enhance the revenue for the organization and the journey of development in the city could be carried on without any break. Various matters pertaining to increase in KMC revenue were came into discussion during the meeting including the construction of multi storey buildings on existing KMC land under public private partnership basis.

A briefing was given on this occasion in which it was informed that KMC held some prime locations in Clifton, Saddar, Soldier Bazar, Sharifabad,Gurumandir, I.I Chundrigar Road and Nishter Raod where constructions on commercial basis could provide permanent source of income for KMC. Administrator Muhammad Hussain Syed said it was the need of the hour to take all possible measures for increase in the KMC’s revenue.

He said revenue resources could increase if prime locations in the city are used on commercial basis while fulfilling all the legal formalities and making proper advertisements. He said the KMC land in city’s posh localities and at the coastal belt should also be taken into consideration. He also directed to set aside amount in the budget for next financial year for construction of multi storey car parking sites at Clifton and M.A Jinnah Road.

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
Email: administrator@karachicity.gov.pk

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