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January 11, 2007 Thursday Zilhaj 20, 1427


KARACHI: Malaysian firm keen to invest in KMTP



By Our Staff Reporter


KARACHI, Jan 10: The government of Malaysia is willing to sign an agreement with the city government for the construction of Corridors II and III of the Karachi Mass Transit Project.

A delegation of a Malaysian firm, Min Consult SDN BHD, called on City Nazim Mustafa Kamal on Wednesday and expressed interest on behalf of its government in signing an agreement regarding the construction of the KMTP’s Corridors II and III. The associate director of the firm, Ir Suraj Parkash, presented a detailed briefing on Corridors II and III.

However, Mr Kamal maintained that the city government would only sign agreement of Corridors II and III with the companies mentioning fares, which should be in the range of the people of the metropolis. The city government is striving to provide maximum facilities to commuters and implement the mass transit projects, he added.

He asked the Malaysian firm to submit a comprehensive report in this regard and also incorporate all financial affairs with the details of initiation and completion dates of the project.

The delegation informed him that a study was being carried out by the company for the Corridors II and III of the KMTP and requested the nazim for help it. Mr Kamal directed the city government officials concerned to provide maximum facilities to the firm so that they could complete their study.






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