FPCCI concerned over buildings demolitions

KARACHI: Mian Nasser Hyatt Maggo, President FPCCI Arif Yousuf Jeeva, VP FPCCI, have expressed concern over the demolition of Nasla Tower and others buildings. Such a process would bring all business activities in Karachi to a standstill, says a Press release.
Mian Nasser Hyatt Maggo said that we are strongly against illegal constructions; but, the demolition of buildings after fulfilling all the legal requirements is spreading frustration among the citizens, builders, developers, and traders of Karachi. On the other hand, such a move has made local and foreign investors fearful of investing in the construction sector in Karachi; which is detrimental not only to Karachi but also to the country.
Mian Nasser Hyatt Maggo said that more than 100 other industries are associated with the construction sector. If the construction sector in Karachi suffers, the wheel of other ancillary industries will also stop; which will lead to a storm of unemployment.
Officials of the federation said that the SBCA and other concerned agencies were providing false information to the Supreme Court on the basis of which the decisions of the Supreme Court were severely affecting businessmen, builders, and ordinary citizens.
Mian Nasser Hyatt Maggo said that we also request the esteemed judges of the Supreme Court to review the orders to demolish the Nasla Tower and other buildings to protect the citizens of Karachi; and, the construction sector of Karachi and all the other stakeholders.
The FPCCI President demanded from the SBCA that after consultation with the Association of Builders and Developers (ABAD), a list of illegally constructed buildings in Karachi should be made to address this serious issue.

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