The Korangi Association of Trade and Industry (KATI) has mourned the loss of Ilyas Ahmed Bilour, a former senator, ex-President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), and an influential industrialist. Known for his dedication to Pakistan’s business community, Bilour’s passing is a significant loss to the country’s trade and industry …
Tag Archives: KATI
Malir Industrial Park to Boost Karachi’s Economy and Job Market
KARACHI: Brigadier Muhammad Asad, the Administrator of the Pakistan Economic Zone Development and Management Company (PEZDMC), announced plans for the Malir Industrial Park (MIP) during a visit to the Korangi Association of Trade and Industry (KATI). The park aims to jumpstart industrial activity and foster economic stability in Karachi. Brigadier Asad revealed that land allotment …
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Sindh Minister Vows to Crack Down on Unlawful Pressure from Labor Groups
Karachi: Sindh’s Minister for Labor and Human Resources, Shahid Abdul Salam Taheem, assured industrialists that the provincial government would firmly address unlawful pressures from labor organizations. He spoke during a luncheon hosted by the Korangi Association of Trade and Industry (KATI). Taheem emphasized that the government would not tolerate industries being blackmailed by labor groups …
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CM Sindh Unveils PKR 200 Billion Development Plan for Karachi
KARACHI: Sindh Chief Minister Syed Murad Ali Shah has announced a massive development plan for Karachi. The government has allocated over PKR 200 billion for various projects across the city. One of the key projects is the Malir Expressway, designed to connect Karachi’s port with Jinnah International Airport. This project aims to reduce traffic congestion …
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Industrialization Crucial for Pakistan’s Growth, Says Zubair Motiwala
KARACHI: Zubair Motiwala, Chairman of the Businessmen Group (BMG), emphasized the critical role of industrialization in Pakistan’s development at an event hosted by the Korangi Association of Trade and Industry (KATI) in Karachi. He highlighted that the country cannot progress without industrial growth and urged the need for reducing production costs to compete globally. Motiwala …
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Daily Crime Rate in Karachi Drops, Says Additional IG Sindh at KATI Meeting
Karachi: The daily crime rate in Karachi dropped from 252 to 107 incidents, according to Javed Alam Odho, Additional IG Sindh Police. He announced this during a Monday meeting at the Korangi Association of Trade and Industry (KATI). The reduction was achieved through improved policing and the use of CCTV cameras. The Safe City Project, …
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KATI Backs Nationwide Traders’ Strike, Urges Govt to Address Economic Crisis
The Korangi Association of Trade and Industry (KATI) has formally declared its support for the nationwide traders’ strike set to take place on August 28, 2024. The announcement was made in a joint statement by key figures within KATI, including President Johar Qandhari, Deputy Patron-in-Chief Zubair Chhaya, Senior Vice President Nighat Awan, Vice President Muslim …
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Sindh Minister Saeed Ghani Urges Unity on Pakistan’s 77th Independence Day
Sindh’s Minister of Local Government, Saeed Ghani, emphasized that individuals spreading hatred within the country are not true well-wishers of Pakistan. Speaking at a flag hoisting ceremony organized by the Korangi Association of Trade and Industry (KATI) on the occasion of Pakistan’s 77th Independence Day, Ghani expressed concern that despite the nation’s long-standing history, the …
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KATI Demands Release of PKR 33 Billion Electricity Subsidy
The Korangi Association of Trade and Industry (KATI) has called on the government to immediately release a pending PKR 33 billion electricity subsidy crucial for Karachi’s industrial sector. Addressing an emergency press conference, KATI President Johar Qandhari emphasized the urgent need to address the discrimination faced by Karachi’s industries, which have been deprived of a …
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New Help Desk at KATI to Address Tax Issues for Industrialists
Federal Tax Ombudsman Dr. Asif Mahmood Jah has announced the opening of a help desk at the Korangi Association of Trade and Industry (KATI) to address tax issues faced by industrialists. This initiative aims to raise awareness among the public and business community about the services offered by the Federal Tax Ombudsman (FTO). Dr. Jah …
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Potential for Increased Trade Between Pakistan and Morocco
The trade relationship between Pakistan and Morocco holds significant promise, as noted by Ambassador Mohamed Karmoune of Morocco. Speaking at a meeting with industrialists at the Korangi Association of Trade and Industry (KATI), the Ambassador expressed optimism about increasing the current trade volume to over $232 million. The event saw the participation of key figures …
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KATI plea Sindh government to Prioritize Industrial Development
Prioritizing Industrial Development: KATI’s Urgent Plea to Sindh Govt Karachi – The Korangi Association of Trade and Industry (KATI) plea the Sindh government to give top priority to the allocation of development budgets for industrial zones. Johar Qandhari, President of KATI, emphasized this need, especially considering past practices. Congratulating the New Ministers Qandhari extended congratulations …
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Govt dues on incremental units of 7 billion will be paid, Tauseef Farooqui
Karachi: Chairman of National Electric Power Regulatory Authority (NEPRA) Tauseef Farooqui has said that Rs.7 billion of incremental units Govt owe will be paid. In this regard, KATI’s written request will be processed immediately. He expressed these views while addressing a luncheon held in his honor at the Korangi Association of Trade and Industry (KATI). …
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KATI Celebrates Govt’s Decision to Lift Ban on LCs
Karachi: President of Korangi Association of Trade Industry (KATI) Faraz-ur-Rehman welcomed the decision by the government and State Bank to lift the ban on LCs. KATI termed it as optimistic for the economy. President KATI said that the government had accepted the long-standing demand of the business community, and the ban would have created a …
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People will get good news of FDI in coming months: Chairman BOI
Karachi: Global Investment Summit is being held in March next year, people will get good news of receiving foreign direct investment (FDI) in 2 months. The importance of technology exchange was highlighted after COVID-19. In this regard, a policy on technology exchange is being formulated which is expected to be presented in 6 to 8 …
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Karachi Insustrialiats commend record progress on K-Electric BQPS-III Power Plant
Karachi: A delegation of senior industrialists and members of Karachi Industrial Forum visited K-Electric’s (KE) 900 MW Bin Qasim Power Station 3 (BQPS-III) on Monday and were apprised of the progress on the mega project, being set up at an estimate cost of USD 650 million. The delegation included 25 members of Karachi Industrial Forum …
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KATI praises the appointment of Mahmood Maulvi as Special Assistant for Maritime Affairs
Karachi: Patron-in-Chief Korangi Association of Trade & Industry (KATI) SM Muneer and President Saleem-uz-Zaman praises the appointment of Senior Vice President of Pakistan Tehreek-e-Insaf (PTI) the Karachi Division, Mehmood Moulvi as Special Assistant to Prime Minister Imran Khan on Maritime Affairs. Welcoming the move, they said that Mehmood Moulvi is a beloved personality of the industrial …
PM’s youth employment program will help eradicate unemployment, KATI
Karachi: Korangi Association of Trade and Industry (KATI) Patron-in-Chief SM Muneer and President Saleem-uz-Zaman welcomed the announcement of Prime Minister Imran Khan’s youth employment program, saying it was an important initiative in reducing unemployment in the country. SM Muneer said that due to Corona epidemic, global unemployment including Pakistan has increased. However, timely measures taken …
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Trade Bodies Reject Decision of Government of disconnecting Gas to Industry
Karachi: The industry will face the ever severe situation in the wake of discontinuation of gas supply to captive power generation for general industry from 1st February and the export-oriented sectors from 1st March 2021 leaving a severe impact on the economy and exports of Pakistan. This was stated by Mian Nasser Hyatt Maggo, President …
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