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Malik Riaz responds to Karachi park deal

KARACHI: Malik Riaz Hussain, the Chairman of Bahria Town, has clarified that his real estate giant will not take over Karachi’s Bagh Ibn-e-Qasim “till all stakeholders agree.” “We will NOT take over this park till all stakeholders including Mayor Karachi agree to hand it over to us,” he said on Twitter. The Sindh government has...

SAMAA | - Posted: Mar 31, 2017 | Last Updated: 4 years ago
SAMAA |
Posted: Mar 31, 2017 | Last Updated: 4 years ago

malik-riaz

KARACHI: Malik Riaz Hussain, the Chairman of Bahria Town, has clarified that his real estate giant will not take over Karachi’s Bagh Ibn-e-Qasim “till all stakeholders agree.”

“We will NOT take over this park till all stakeholders including Mayor Karachi agree to hand it over to us,” he said on Twitter.

The Sindh government has handed over Karachi’s iconic park — Bagh Ibn-e-Qasim — to Bahria Town for 10 years. The move has drawn anger from Sindh’s main opposition party Muttahida Qaumi Movement.

The Jamaat-e-Islami and Pakistan Tehreek-e-Insaf also opposed the move which the provincial authorities claimed would save funds and encourage private organisations to carry out social work and public service.

While speaking to Samaa, Malik Riaz asserted that Bahria Town was planning to spend millions on restoration and maintenance of the park without any commercial activity or interest, but now his organization has no interest in the project.

“Only for the sake of Allah’s blessing, we wanted to restore this park, but I have now refused to own it due to politicking,” the real estate tycoon said.

“This is really unfortunate to see so much propaganda against our humble venture for Karachi. Our aim is to covert Bagh Ibn Qasim into a state of the art recreational family park… We have no commercial interests,” he earlier clarified on Twitter.

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