Showing posts with label ABAD. Show all posts
Showing posts with label ABAD. Show all posts

Friday, November 13, 2015

ABAD, Police to work jointly for problems resolution

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The DIG South, Dr Jamil Ahmed, has recognized that the construction industry provides job opportunities on a very large scale and, therefore, its problems relating to law and order would be tackled on preferential basis.

He was speaking at a function organized by the Association of Builders and Developers (ABAD) at the ABAD House in Karachi Those present on the occasion included Chairman ABAD, Mohammed Hanif Gohar, Vice-Chairman Mohammed Ramzan Adhia, Regional Chairman Asif Sumsum and others. 

The DIG reckoned that the law and order situation in Karachi has improved by 80 percent while efforts are being made to curb other minor crimes as well. 

He was appreciative of the ABAD's role towards promotion of national economy and stated that his doors were open for every ABAD member. 

He said that the cooperation with ABAD will not be restricted to District South but the entire Karachi Police will extend its helping hand. 

On the occasion he formed a mutual coordination committee to help immediate resolution of the problems being faced by the ABAD members. The committee will comprise SSP Investigation, Abid Hussain Qaimkhani, from the police side and Junaid Ashraf from ABAD. 

Addressing the function, the ABAD Chairman, Hanif Gohar paid tributes to the Karachi Police and specially DIG Dr Jamil Ahmed for re-establishing law and order in Karachi. 

He said that the confidence of builders has greatly been restored because of high performance of Police and Rangers and now they felt themselves more secured while carrying out their business activities. 

The Chairman of ABAD’s Southern Region, Asif Sumsum, remarked that builder's 90 percent problems have been resolved mainly due to restoration of law and order for which he paid tributes to the police.

Friday, October 30, 2015

Water Board chief promises to lift ban for new connections by Nov 15

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The Managing Director of the Karachi Water and Sewerage Board, (KW&SB), Misbahuddin Farid, alongwith senior officials of the organization, visited the ABAD House on October 29 where a meeting was held with the functionaries of the Association of Builders and Developers.

The ABAD delegation, led by their President, Mohammad Hanif Gohar, briefed the KW&SB officials about the problems caused by the ban on new water connections and route alignment to the K-IV project. 

After a detailed disucusion, a committee, comprising of two members of ABAD, was formed to coordinate with the KW&SB in order to resolve the problems being faced by the housing and construction industry. 

However, Misbahuddin Farid, Managing Director, KW&SB, categorically announced that the ban on new connection of water for builders and developers will be lifted by November 15 and those having already paid the water challans will also be provided connection by this date.

Monday, October 5, 2015

ABAD hails removal of lease ban

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The Chairman of the Association of Builders and Developers (ABAD), Mohammad Hanif Gohar, has appreciated the removal of ban on leases on KDA and KMC lands.

He praised the role of the Sindh Minister for Local Government, Syed Nasir Hussain Shah, who during his visit to ABAD House the other week, had promised to remove the ban on leases. 

The Administrator Karachi, Sajjad Abbasi, Director General SBCA, Mumtaz Haider, MD KW&SB, Misbahddin Fareed, had also attended the meeting. 

The ABAD Chairman reckoned that this step will be very helpful in providing housing facilities to the people of Karachi as the ban which was imposed on July 31, 2015 was causing immense difficulties to the public. 

Hanif Gohar expressed his gratitude to the Karachi Administrator and the Metropolitan Commissioner, Samiuddin Siddiqui, for issuing directives to the District Registrar for opening the leasing process in jurisdiction of KMC and KDA.

Monday, July 6, 2015

ABAD appeals for withdrawal of new taxes

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The top functionaries of the Association of Builders and Developers of Pakistan (ABAD) have expressed their grave concern over the Finance Bill 2015-2016 and imposition of 0.6% withholding tax on all banking transactions including withdrawal of Rupees fifty thousand cash in a day from bank accounts.

Junaid Ashraf Taloo, Chairman, Mohammad Hanif Memon, Vice Chairman, and Mohammad Hassan Bakshi, Chairman, Southern Region, in a joint statement, said that the levy of this tax was unjustified and could prove to be a disaster to all businesses including the housing sector. 

The ABAD chairman added that it was the policy of the of government to increase the tax net but in reality it depicted the sheer failure of Federal Board of Revenue which had made tall claims of increasing tax payers during the last many years. 

It is pertinent to mention that each and every member of ABAD is a taxpayer but even then their names do not appear on the list of active tax payers. Whereas their names do appear in the FBR portal thereby tax amount of 0.6% is being deducted on all transactions. 

Hanif Memon, Vice Chairman, ABAD, stated that the imposition of withholding tax on banking services will create parallel system of direct cash dealings which will affect the banking sector as non-banking channels will flourish. 

Hassan Bakshi, Chairman, Southern Region, ABAD, remarked that account holders have already started withdrawing cash from their accounts to keep it in their lockers and it seems that we are moving in the old times when gold coins were used to make transactions. 

Furthermore the ABAD chairman felt that with great difficulty the business climate was improving, the politicians should not indulge in any adventure which derailed the economy. 

“The memories of freezing foreign currency bank accounts is still fresh in minds of the business community,” Junaid Taloo recalled. 

He appealed to the Federal Finance Minister, Ishaq Dar, to abolish the imposed tax as it was creating confusion and unrest as businesses are being subjected to double taxation. “This abolishment will also help builders and developers, businessmen and industrialists to engage themselves in business without the fear of double taxation,” the ABAD Chairman concluded.

Tuesday, June 16, 2015

ABAD’s initiatives for rehabilitation of Katchi Abadies appreciated

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The rehabilitation of Katchi Abadies was discussed in length in a meeting between the top officials of the Association of Builders & Developers (ABAD) and the government officials held at the ABAD House in Karachi.

Mohammad Nawaz Shaikh, Secretary Katchi Abedies & Special Development Board (SDB), Government of Sindh, exchanged views with the ABAD delegation comprising of its Chairman, Junaid Ashraf Taloo, Chairman Southern Region, Mohammad Hassan Bakshi, Vice Chairman, Mohammad Hanif Memon, and a few other senior members. 

Hassan Bakshi highlighted the plan and programme of the ABAD for the rehabilitation of Katchi Abadies though Special Development Board. 

He said that the laws of board have been passed by the Sindh Assembly and ABAD needed protection by the Government of Sindh for rehabilitation of Katchi Abadies. The ABAD Chairman added that the Special Development Board was designed as a local planning authority to provide all the requisite approval for redevelopment of Katchi Abadies under one roof. 

Hassan Bakshi observed that the majority of Katchi Abadies were being used as the hideout of criminals, pointing out that the crime was increasing and registering growth due to Katchi Abadies. 

Nawaz Shaikh, Secretary KA & SDB, appreciated the efforts of ABAD for their plan and programme about Katchi Abadies. He also appreciated ABAD’s initiatives to provide free medical and education facilities for the residents of Katchi Abadies. 

He disclosed that there were 564 Katchi Abadies who were thickly populated and the data of population was not available. 

He desired another meeting with the ABAD officials next week to exchange information and data available with them and also to maintain a robust relation between two bodies.

Friday, June 12, 2015

ABAD appreciates budget, desires more relief

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The Association of Builders and Developers (ABAD) has welcomed the recognition of the construction industry at the national level as their proposal was incorporated in the federal budget for the fiscal year 20015-16.
Addressing a press conference Junaid Ashraf Taloo, Chairman, Mohammad Hanif Memon, Vice Chairman, and Mohammad Hassan Bakhshi, Chairman, Southern Region, observed that for the first time the construction industry was given its due importance with the acceptance of the ABAD proposal in the federal budget. Zaigham Mahmood Rizvi, housing expert, and Saleem Kassim Patel, Convenor Budget Committee, were also present on the occasion. 
“If our proposals would have been accepted in total, it would have reduced the housing cost by 15% and increased in revenue collection of government,” they declared. Junaid Ashraf Taloo appreciated the Federal Finance Minister, Ishaq Dar, for taking some positive steps for construction industry. 
“We would have witnessed phenomenal growth of the construction industry if all our proposals were accepted. Further it would have provided greater relief to common man regarding low cost houses,” the ABAD Chairman stated. 
“A few automatic re-rolling mills hold monopoly and they are selling the steel bars at a much higher rate. In the local market steel bars are being sold through cartellization at the rate of Rs.85,000 per ton,” he pointed out. 
He appealed to the government to allow import of steel bars to the ABAD members directly whose benefit will be passed on to common man. He asked the government to abolish Federal Excise Duty on sale of cement may be abolished. The ABAD had proposed that sales tax on cement be charged at ex-factory rate instead of the market rate. 
He urged the government to establish Mortgage Finance Board to boost the housing sector so that the shortage of 80 lacs houses was minimized, besides asking the authorities to abolish Provincial Services Sales Tax on builders since they were not classified as service providers. 
“The government has to provide discount in Mortgage Financing and the Markup should be decrease to 4% or 5%, it will improve the purchasing power of common man. The ban on gas connection should be lifted,” the ABAD Chairman appealed. 
The ABAD proposals also included the start of first phase of Motorway M-9 from Karachi instead of Hyderabad, allocation of funds for K-IV water project to solve the water problem of Karachi, and the fixation of markup on house finance @ 3% only.

Wednesday, March 25, 2015

Hanif Gohar nominated in FPCCI committee

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

Mohammad Hanif Gohar, a prominent figure in the construction industry, has been nominated as the Senior Vice Chairman of the Urban Development Standing Committee of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the year 2015. He had served in the same capacity with distinction last year as well.

Hanif Gohar, who was elected as the Vice Chairman of the Association of Builders and Developers (ABAD) in 2013-14, has been known and respected for his contribution in boosting the trade. 

He expressed the confidence that the Urban Development Standing Committee of the FPCCI will continue working proactively for the growth of the construction sector in order to create greater employment opportunities for the people.

Saturday, March 7, 2015

FPCCI to back ABAD in resolving construction issues

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The Chairman of the Trade Development Authority of Pakistan (TDAP) and a leading entrepreneur, S M Muneer, has reckoned that the construction industry has an important role in the economic development of any country.

He said that in his next meeting with Prime Minister Mian Mohammad Nawaz Sharif, he will take the ABAD representatives along and request the PM to remove the four-year old ban on new gas connections. 

He was addressing a luncheon meeting held at the ABAD House in honour of the newly elected office bearers of Federation of Pakistan Chambers of Commerce & Industry (FPCCI). 

He observed that ABAD has great respect in trade associations and this is officially accepted adding that the issues of housing and construction industry will be resolved from the FPCCI platform. 

S M Muneer revealed that the recent exhibition organized by the TDAP was a great success and export orders worth 1.75 billion dollars were booked while the participation by businessmen from 75 countries which also improved the image of Pakistan in the world. 

The President of the FPCCI, Mian Muhammad Adrees, disclosed that the federation has declared 2015 as the Year of Revival of Pakistan Economy and the government has also supported the view that issues can be resolved at 7% growth of the economy. 

Appreciating the role of construction industry in the economic development of the country, he said that the bureaucracy has not been able to resolve the issues and the economy could not prosper without private sector’s participation. He offered full cooperation of the FPCCI for resolution of issues of members of ABAD. 

The Patron-in-Chief of ABAD, Mohsin Sheikhani, described the law and order situation as the biggest hurdle in the development which, he thought, can be improved with the cooperation of business community. 

The Chairman of ABAD, Junaid Ashraf Taloo, emphasized on the role of construction industry in the economic development and said that the total requirement of all gas connections in Sindh including Karachi and Hyderabad was less than 1 MMCFD. 

“The summary about lifting the ban on gas connections has been awaiting action in the Prime Minister’s office for the last six months. Rs 200 billion of builders and allottees are blocked at present which could bring more revenue for the government if brought into circulation,” he remarked.  
The ABAD Chairman reminded that the construction industry was the largest employer in the cities and towns as the construction moved the wheel of many allied industries and it deserved to be given facilities and incentives. 

The Senior Vice President of FPCCI, Abdul Rahim Janoo, the Vice Chairman ABAD, Mohammad Hanif Memon, and the Regional Chairman ABAD, Mohammad Hassan Bakshi also spoke on the occasion.

Thursday, February 19, 2015

Close coordination between ABAD, cantonment boards sought

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The Director General of the Military Lands & Cantonments, Major General (R) Furrukh Rashid, has announced that the building bye-laws in the cantonment areas would be amended in the light of suggestions from the Association of Builders & Developers of Pakistan (ABAD) in order to upgrade them technologically.

He made the announcement while talking to a delegation of ABAD, led by its chairman, Junaid Ashraf Taloo, which called on him at his office. The Additional Director General, Military Lands & Cantonments, Amir Rashid also attended the meeting. 

The ABAD delegation included chairman, Junaid Ashraf Taloo, Vice Chairman, Mohammad Hanif Memon, Chairman Southern Region, Mohammad Hassan Bakshi, Ex Senior Vice Chairman, Saleem Kassim Patel, Convener Cantonment Boards Sub-Committee, Arif Siddik, Co Convener, Cantonment Boards Sub-Committee, Haroon Karim and members Rizwan Adhia and Mahmood Tabba. 

DG Furrukh Rashid, while appreciating the role of ABAD in the promotion of construction industry, assured that issues of members of ABAD engaged in construction activities in cantonment areas will be resolved on priority. 

Saleem Kassim Patel gave a detailed briefing on the role of members of ABAD and demanded close coordination between ABAD, the Director’s Office and the offices of Cantonment Boards. 

Arif Siddik highlighted the issues of delays in the approval of projects of some members of ABAD. A detailed appraisal of delayed projects of members of ABAD was also done during the meeting. Speaking on the occasion, 

Junaid Ashraf Taloo suggested that in view of the delay in the approval of projects, the process of approval of projects in the Director’s office be made simple and short. At this point, 

DG Furrukh Rashid informed that he will consult his team in this connection to simplify the process of approval and also fix a time frame for approval of projects. 

Mohammad Hassan Bakshi suggested mandatory membership of ABAD for all builders engaged in construction activities in cantonment areas. Rizwan Adhia proposed one window operation for quick approval of projects of members of ABAD. 

At the end of the meeting, DG Furrukh Rashid said that the office of Director Military Lands & Cantonments was examining the process and policies for delay in the resolution of different issues and these will be resolved soon.

Monday, February 2, 2015

Khurshid Shah to facilitate in resolving construction industry’s problems

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

Syed Khurshid Ahmed Shah, a former Federal Minister and now the Leader of Opposition in the National Assembly, urged the government to provide incentives to the construction industry as it played an important role in the economic development of the country.

He made the observation while talking to a delegation of the Association of Builders & Developers of Pakistan (ABAD), led by its chairman, Junaid Ashraf Taloo, which called on him during his recent visit to Karachi. 

Khurshid Shah vowed to raise the issue of gas, electric and water connections on the floor of the house. The Leader of the Opposition promised to extend full cooperation for meeting the demands of ABAD members. 

The ABAD delegation included Vice Chairman, Mohammad Hanif Memon, Regional Chairman, Mohammad Hassan Bakshi, and members, Owais Thanvi, Rizwan Adhia, Arif Jeewa, Fayyaz Ilyas, Mustafa Thanvi, Anwar OK and Sohail Warind.. 

The ABAD Chairman pointed out that Karachi contributed 67% of revenue to the national exchequer and the construction industry was providing employment to a vast majority of people. 

Junaid Ashraf regretted that due to ban on gas connections to high rises and housing societies, the investment of billions of rupees of builders and allottees had been blocked. 

“Although Sindh is producing 70 % natural gas but the right to get gas connection in high rises and housing societies is being denied,” he said. 

The Vice Chairman, Hanif Memon, stated that moratorium on new gas connections was imposed in 2011 for a period of two years apparently to support LNG business. 

The Regional Chairman, Hassan Bakshi, reckoned that if all pending applications for gas connections of all builders of Karachi, Hyderabad and Sukkur were accommodated, the total requirement of gas will be less than 1 MMCFD. 

On the issues of K-Electric, he said that even under Self Finance Scheme, the builders have to provide a bank guarantee for which they have to deposit 100% cash margin which caused double financial burden on them. He demanded that the bank guarantee should not be more than 10% to 15% of the total amount. He also called for the reduction of tariff for TL connection.

Monday, January 26, 2015

PTCL assures cooperation to ABAD

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The President and CEO of the Pakistan Telecommunication Company Limited (PTCL), Walid Irshaid, has assured the Association of Builders and Developers (ABAD) to resolve the telecommunication issues of their members. 

The PTCL chief gave the assurance during his visit to the ABAD House in Karachi during which he had a detailed meeting with a delegation of the Association, headed by their Chairman, Junaid Ashraf Taloo.

The meeting was attended by a number of members of the ABAD and officials of the PTCL. 

“The PTCL is always willing to address the telecommunication issues of members of ABAD. The facilities like telephone and DSL boradband will be provided at the project site during the construction so that the concept of plug and play is materialized,” Walid Irshaid declared. 

The ABAD Chairman appreciated the assurances coming from the PTCL President but expressed his reservations about the infrastructure of the Corporation having becoming old and obsolete which needed to be updated on an urgent basis. 

The PTCL President revealed that his organization was already working on this matter and hopefully the improvement will materialize in the very near future. 

To a question Walid Irshaid explained that the efforts were being made to bring the standard of the PTCL at par with that of Etisalat. He said that all their services could be compared with those available in any country of the world. 

“The change has begun in the PTCL but taking into account the population and size of Pakistan it is going to be gigantic task,” he added. 

Mohammad Hassan Bakshi, Chairman, Southern Region, suggested that the sim verification should be made on annual basis to curb criminal activities. 

The PTCL President emphasized that no compromise will be made on the national security issues.

Friday, January 4, 2013

ABAD Chairman felicitates Sindh Governor on completing second successive term

By Abdul Qadir Qureshi  
(Pakistan News & Features Services)

The Chairman of the Association of Builders & Developers of Pakistan (ABAD), Anwar Gagai, has congratulated Dr Ishrat-ul-Ebad Khan on completion of second successive term at office as the Governor of Sindh. 

“It is a distinctive occasion in the history of Pakistan that Governor of a province has completed the second term of his office which is due to his wisdom, perception and business acumen,” Anwar Gagai stated in his message of felicitation. 

He specially referred to Governor’s support to the construction industry, acknowledging that it provided impetus to boost the housing and construction activities. 

The ABAD Chairman appreciated the Governor’s efforts for the revival of the economy of Sindh and for making attempts to raise the standard of living for a common man. 

He congratulated the Governor for his efforts in resolving a number of issues faced by the construction industry an important sector of the economy and hoped that Dr Ishrat--ul -Ebad Khan will continue his efforts to address the issues hindering the path of development of the construction industry. 

The ABAD Chairman wished the Governor of Sindh more success in future and prayed for his long life. 

The Association of Builders & Developers of Pakistan (ABAD) is a national level representative organization of Builders and Developers, registered under the Companies Ordinance, 1984, and licensed under Trade Organization Ordinance, 2007. 

It is affiliated with the Federation of Pakistan Chamber of commerce and industry (FPCCI). It was formed in the year 1972 with the aim and objective of unifying and streamlining the construction activities of private sector.

Monday, January 25, 2010

KBCA Chief meets ABAD delegation

Chief Controller of Karachi Building Control Authority Mr Manzoor Qadir meets a delegation of Assocaition of Builders and Developer headed by ABAD chairman Mr. Farooq uz Zaman at KBCA office. Senior officers of KBCA were also present in the meeting.

Sunday, January 10, 2010


City Nazim Syed Mustafa Kamal has said that the repair and restoration of arson hit 9 markets of Boulton Market has been 40 percent completed and the commercial activities in these markets would resume within a week. ABAD (Association of Builders & Developers) has also initiated construction of a damaged building comprising 400 shops and ware houses with its own resources. All efforts are being taken to rehabilitate the affected traders in their own shops as soon as possible.

He expressed these views during a visit to Boulton Market and other arson hit markets of the area. He also met with the affected traders and contractors of city government and water board. The traders appreciated the efforts of Nazim Karachi for their early rehabilitation. They said that these extraordinary efforts have assured them of their soon rehabilitation.

Nazim Karachi on this occasion said that without waiting for the government aid, being the City Nazim I have started repair and restoration of damaged and gutted buildings and shops of M.A Jinnah Road and already 40 percent of work has been done while rest of work will also be completed soon. He said that the citizens of Karachi were working on the rehabilitation of arson affected business community on self help basis. I salute all those who have contributed in the relief fund or taking part in the restoration activities.

City Nazim said that at this stage it was not possible to assess the exact loss suffered by the main commercial center of Karachi. However, the affectees had desired to get back their shops in original state and the buildings were made business able. On their request we did not wait for even a day and just started repair work on all those buildings that had been handed over to us by the KBCA. Already 40 percent of this work has been completed. The reconstruction of dangerous and razed buildings has also been started.

Nazim Karachi also appreciated the national spirit of city government contractors who had taken up the repair and restoration of 9 affected buildings. He said that they have responded well to the appeal to do something for their city and country. He said that city government has been doing all this despite of facing acute monetary crisis.