Bahria Town saga may shock country’s economy: PTI MPA

At least 45,000 direct employees of the town may become unemployed


Pr December 12, 2018
At least 45,000 direct employees of the town may become unemployed. PHOTO: FILE

KARACHI: What Bahria Town is going through nowadays will cause a serious financial shock to the country, which would be bad for the country's economy.

This was stated by Pakistan Tehreek-e-Insaf MPA Haji Amjad Mehmood Chaudhry in a press conference on Tuesday.

He said that Bahria Town was a name of trust in the field of business. It supports 55 industries alongside it and if the issue of Bahria Town is not resolved, at least 45,000 people, who are direct employees of the entity, will become unemployed. Already, 10,000 people have been fired from their jobs due to the current situation.

Chaudhry said Bahria Enclave bought thousands of canals of land. A complaint of Capital Development Authority (CDA) came forward regarding 125 canal of the land. To address the issue, Malik Riaz offered CDA to take 250 canals of land and investigate it. The question arises why CDA kept quiet during purchase of the land and who is at fault.

Bahria Town created a new city in the most deserted areas of Karachi where previously dacoits ruled. No one wanted to purchase that land, but that was changed, said Chaudhry.

Bahria Town employees, investors block Super Highway in protest

In response to a question, the MPA said Bahria Town has developed 0.4m canals of land and a huge amount of domestic and foreign investment coming in for Bahria is being pumped into the economy.

In such a situation if a complaint of such magnitude has come forth for a company, the complaint can be resolved and we want to help address it, he said.

Published in The Express Tribune, December 12th, 2018.

COMMENTS (1)

Syed Lailaf Hussain Zaidi | 5 years ago | Reply Can somebody tell me how we have to invest our money in Pakistan in various project, I have a question with prime minister, dear sir, according to your instruction and because of our beloved country "PAKISTAN" we want to invest our saving is in Pakistan, but due to current situation of BTK how we believe and trust on even good reputed builders. I belongs to very poor family, i don't have any property is in Pakistan, from last 15 years i did very hard day and night work here is in Sharjah, i have booked one home in BTK in 2015, i have deposited 70 laks rupees in installments is in BTK, HOW, I know very well, that's the my whole life saving, please advise what i have to do now, except su side.
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