KMC markets asset of city, says Murtaza Wahab.

KARACHI -- Karachi Administrator, Barrister Murtaza Wahab on Tuesday said that KMC markets were the asset of this city and the employment of thousands of people is related to them.

'Millions of poor and middle class people buy and sell essential necessities from these markets,' the Administrator expressed these views while giving instructions to the officers of the Estate department regarding increasing the revenue from the KMC markets.

Barrister Murtaza Wahab said that for increasing the rents of KMC shops according to the current market value, suggestions must be asked from the tenant shopkeepers, in the light of which appropriate decision will be taken.

According to the directives of Administrator Karachi, a meeting was held at KMC head office on Tuesday regarding the increase in rents of the KMC markets and shopping centers. Senior Director Estate, Director and other concerned officers participated in the meeting. During the public meeting, suggestions were sought from the tenant shopkeepers of KMC regarding the increase in the rent of their shops, to which they assured all kind of cooperation. The shopkeepers said that along with KMC, these markets were also our asset, adding that we will lend a hand in whatever steps KMC will take for the improvement of its business.

Senior Director Estate said that the purpose of this meeting is to gather all the stakeholders and...