IT Complex to generate massive revenue: Kamal
KARACHI, July 19 2006: City Nazim Mustafa Kamal has said that the construction of IT Complex would generate massive revenue, create thousands of job opportunities and benefit the economic progress of the city. The City District Government Karachi (CDGK) signed an agreement with the IJM Corporation Malaysia and Astra Netcom Limited and Malpak Limited Dubai for the construction of the IT Tower, Pakistan’s tallest building, at ceremony July 18 (July 18).
He said that the complex would not only be the tallest building of Pakistan but it would start a new era of economic progress where people from all over the world could start their business activity. Moreover, extraordinary modern facilities would also be available for them, he added. Kamal said that the complex would bring financial stability not only to CDGK but also to people of Karachi. It would have the capability of generating revenue for the CDGK for the next 100 year, he said.
The ground work of the project is complete and the CDGK is committed to complete the construction of the complex in two years, he said. The IT complex would utilize solar energy to generate 25 percent electricity of the required power for the building. It would also have shopping centre, for mini cinemas, auditorium, five floors for car parking, a hotel of 50 rooms, guest rooms accommodating 65 people at a time, he added.
Source: Daily Times