KARACHI, June 3: Sindh Chief Minister Arbab Ghulam Rahim said on Saturday that only the genuine investors would be allotted land in Karachi under a transparent policy in future.

“There had been gross irregularities in the past in granting land but now such things would not be allowed to happen,” he said while speaking at the lease deed signing ceremony at the Chief Minister’s House. The lease deed was signed by the Pakistan Railway, the National Logistic Cell and the Sindh government.

The chief minister said that the proposed high-rise building being built at I.I. Chundrigar Road would add to the beauty of Karachi and also play an important role in the economic development of Sindh. He said that President Musharraf wanted Sindh to be economically strong and added that the provincial government was providing every possible facility for promotion of foreign investment.—PPI