Pakistan Deep Water Container Port to create employment opportunities young workforce

By Abdul Qadir Qureshi

(Pakistan News & Features Services)

The Federal Minister for Ports and Shipping, Senator Kamran Michael, visited the Karachi Port Trust (KPT) where he took round various maritime installations and the ongoing development projects. He was accompanied by the KPT Chairman and other high port officials. 

The Minister visited all the operational berths including the three oil piers and during his three-hour visit and he also inspected the newly laid out breakwaters that will streamline the channels of Karachi Port. 

He visited the deepened length of the approach channel while the Chairman explained the desirability of deeper access for berthing of large post-panamax carriers.

During inspection of  under construction Pakistan Deep Water Container Port, the Minister directed the KPT to bring all the issues related to delay caused in its completion so that action could be taken at the appropriate forum for their resolution. 

He said that PDWCP will create much needed employment opportunities for the young workforce of Pakistan.

While having an appraisal of current state of operations at Karachi Port the Minister raised many pertinent queries about various operational practices. 

He conveyed the vision of the present government and asked the officers  to implement it transparently to ensure greater performance  efficiency and made the same a role model for others to follow.  

He stressed on having strategic priorities for the Port to bring them in an alignment with international maritime requirements. He pointed out that Karachi Port, being the largest recipient of Pakistan’s national maritime trade, is expected to perform the assigned tasks  with diligence and devotion.

On the occasion he listened to the issues raised by port workforce and issued on the spot orders for solving them. He promised to look into their long term problems and assured their representatives that he will try utmost to find solution to them. 

He said he will  visit Karachi Port regularly and monitor its activities personally. He directed the management to provide his detail appraisal of all port activities to enable him to take appropriate steps thereof.

KCCI assures total support and cooperation to SSUET

By Abdul Qadir Qureshi

(Pakistan News & Features Services)

The elected representatives of the business community at the Karachi Chamber of Commerce and Industry (KCCI) have expressed the hope that dwindled economy and battered industrial sector will witness a new surge during the next five years. 

They made the assessment on the basis of formation of new government to be formed by Mian Mohammad Nawaz Sharif which, they noted, has dedicated industrialists, businessmen and experts in the related fields in its fold who are capable to deliver which the previous government could not. 

Their remarks in this regard came in a meeting with Engr Mohammad Adil Usman, Chancellor of Sir Syed University of Engineering and Technology (SSUET), Karachi, held at the university campus on May 15 The 21-member delegation of KCCI, led by its President, Mohammed Haroon Aagar, visited the university and discussed various matters to further strengthen the existing coordination and relationship with SSUET. 

The KCCI chief pointed out that no expansion occurred in the industrial sector during the last 5 years and this sector has much hopes on the new government which is going to be formed with an industry-related background. He offered large scale internship opportunities for the SSUET students, foreseeing the rapid industrial growth that is likely to take place in the coming years. 

He specially referred to the ongoing energy crisis and said that with other sources of energy generation potential also existed to tap solar energy prospects for use in the industries. He also offered to extend sponsorships for the SSUET students, wherever required. 

In his remarks on the occasion the SSUET Chancellor, Engr Adil Usman, thanked the delegation for coming over and described it highly encouraging with fruitful discussion. He said while foreseeing the future development prospects, there is imperative need to encourage the students studying engineering in this university which is being run with its self-generated resources to provide best possible knowledge to future builders of the nation. 

The Chancellor said that the university does not receive any government grant, still no student is allowed to give his studies just for financial implications and all requirements of poor students are fulfilled by this university which has been awarded the highest “W4” category by Higher Education Commission. 

He suggested the KCCI to establish a fund for poor students of this university which will be utilized under the criteria to be worked out by KCCI itself. He also referred to the SSUET’s Research and Development programs and pointed out that world over such programs are supported by the industry. He said that R&D programs at universities ultimately prove beneficial for the industry. 

He informed the KCCI officials that the university can send talented students abroad if a fund is created by KCCI for this purpose. Engr Adil Usman also referred to the bio-plant designed with SSUET’s cooperation and emphasized that it needs further development to launch it for meeting energy needs. 

He appreciated KCCI’s offer for 6-month IT training for the university students and said the University at its end can offer solutions for IT related problems if these come from the Chamber. 

On the occasion, Shamim Firpo, Senior Vice-President KCCI, appreciated SSUET’s participation in the Chamber’s ‘My Karachi; exhibition held at Expo Center last year and said that the projects displayed on that occasion drew big public liking. 

He said this year the KCCI is organizing the exhibition in July and will earmark an exclusive education pavilion to showcasing the projects of engineering students. He said such programs will help enhance greater SSUET-industry collaboration. 

He also referred to the menace of energy crisis and observed that if the new government surmounts this menace, the industry will grow and in turn new job opportunities will create and simultaneously ongoing law and order come under control. 

He assured KCCI's total support and cooperation for the SSUET along with other members of the visiting delegation who appreciated the presentation given on the occasion by Registrar SSUET Shah Mahmood Hussain Syed and particularly referred to the quantum of scholarships awarded and the financial assistance give to needy students. 

Arif Bukhari calls on Chancellor Schroeder

By Abdul Qadir Qureshi

(Pakistan News & Features Services)

Arif Ali Shah Bukhari, Chancellor of KASBIT and Chairman of KASB Foundation, called on former Chancellor Gerhard Schroeder of Germany, on the sidelines of the recently held YPO-WPO Global Leadership Conference in Istanbul, Turkey.

Arif Bukhari apprised the German Chancellor about the successful implementation of the FATA Children Scholarship Programme that was run by the KASB Foundation with the support of the German Foreign Office to educate the children who were displaced because of the violence in the FATA region. 

Realizing the importance of Pakistan, which will serve as the transit point in the new business order of the world to connect the Middle East, Afghanistan and the former Soviet Bloc countries, East Asia and more importantly China with the rest of the world, Chancellor Schroeder looked forward to the timely development of infrastructure in Pakistan to meet the challenges that would have to be met for the prosperity of Pakistan in particular and the South Asian Region in general.

Arif Bukhari, who is also the Chairman of the Pakistan China Business, Cultural and Social Society, which serves to develop the social-cultural, economic and people to people contacts between Pakistan and China, invited Chancellor Schroeder on behalf of the society to visit Pakistan as a special guest speaker to inform its members about the vision he holds for the South Asian Region and the supportive role he could play on behalf of his country to which the Chancellor responded that he looked forward to do so whenever the right opportune allowed him to visit Pakistan.

The German Ambassador to Pakistan, Dr Michael Koch, having taken very keen interest in the running of the FATA Children Scholarship Programme, was also appreciative of the KASB Foundation initiative.

Pak Railways promote 500 ticket examiners

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

The General Manager Pakistan Railways, Junaid Qureshi, has promoted over 500 Special Ticket Examiners, Special Ticket Examiner Group Inspectors and Divisional Inspectors to the next grade.

He signed the summary of promotion of the Railways employees on March 1 and the notification in this regard was also issued later in the day, sending a wave of delight among the staff. 

As per notification the Grade 11 Special Ticket Examiners have been promoted to Grade 14, Grade 12 Special Ticket Examiners Group Inspectors to Grade 15 and Grade 14 Divisional Inspectors to Grade 16. 

It may be mentioned here that a Special Ticket Examiner Mohammed Suleman had moved to court a couple of years ago seeking promotions which was allowed by the court with the order for carrying out the required promotions. 

However, the implementation of the court order was delayed because of ongoing financial crisis in the railway which led to protests and strike by railway employees. 

Meanwhile the leaders of Railway’s Special Ticket Examiners Group Association, Shahabuddin Lakho, Haji Naimuddin Abbasi, Abdul Majeed Abbasi, Syed Asif Ali Shah and Al-haj Liaquat Ali Khilji have expressed their gratitude to the GM Railway, Junaid Qureshi, and other senior railway officials for issuance of notification of their promotions having described the issuance of notification the victory of righteousness.

Blair suggests study for education pattern suiting Pakistan

By Abdul Qadir Qureshi
(Pakistan News & Features Services)

Former British Prime Minister Tony Blair has suggested that a study be conducted to evaluate the type of education that would be effectively suited for Pakistan and an urgent action be taken to implement it.

He made the suggestion in a meeting with Arif Ali Shah Bukhari, Chancellor of KASBIT and Chairman of KASB Foundation, on the sidelines of the recently held YPO-WPO Global Leadership Conference in Istanbul, Turkey. 

Arif Bukhari, who attended the conference as Member MENA Regional Board of YPO-WPO, revealed that in the meeting with Tony Blair the geo-Political issues of Pakistan also came under discussion and he explained to the former British Prime Minister that there was great potential for improvement and modernization in Pakistan for which the way forward was through the prioritized provision of education to its masses through which the evils of illiteracy and violence would gradually be overcome. 

The former British Prime Minister agreed with the viewpoints of the KASBIT Chancellor having remarked there was also an urgent need to develop direct people to people contact for which finding of right partners between Pakistan and Britain was must to achieve real and sustainable growth. 

He also stated that the world’s growth and prosperity had always come through the private sector and that the government’s work was to give the right policies and to create conducive environments for educational growth. 

Tony Blair also informed Arif Bukhari that the British High Commission was trying its best to implement several programs that would directly benefit the people of Pakistan for which he look forward to the support of Pakistani business community to play a positive role for the realization of these programs.

Shahid Aziz Siddiqi leads State Life turnaround

Shahid Aziz Siddiqui

By Abdul Qadir Qureshi

(Pakistan News & Features Services)

Shahid Aziz Siddiqi has lived up to his huge reputation by leading the turnaround of the State Life Insurance Corporation of Pakistan (SLIC) in a matter of five years. The corporation, under his dynamic leadership, has registered impressive growth in this period as reflected in the statistics shared with the media recently.

Having help important governmental posts, after topping CSS exams, Shahid Aziz Siddiqi has not only revived the SLIC during his tenure as its Chairman but he has succeeded in taking it to new level. 

“State Life is one of the few government-owned companies that are actually profitable,” he remarked while disclosing that the annual profits that the Corporation remitted to the government in 2012 were Rs750 million. 

Instead of just comparing the yearly figures with those of the preceding year, the SLIC Chairman summed up the five-year performance which highlighted the company’s growth since 2008. State Life had remitted Rs296.22 million to the government in 2008, which showed that its payouts to the government increased at an average rate of 26.1% annually between 2008 and 2012.

State Life’s investment portfolio in 2012 consisted of Rs289.9 billion after being Rs275.1 billion in 2011. Its investment income also increased from Rs18.7 billion in 2008 to 35.8 billion in 2012, showing an annual rise of 17.6%. 

The equity portion in the investment portfolio remained Rs28.8 billion in 2012, which generated an income of Rs4.7 billion for the company. 

State Life’s total income, which included premiums as well investment income, increased to Rs89.7 billion in 2012, which was 18% higher than the total income of Rs75.7 billion in 2011. 

The total income of State Life was Rs 41.8 billion five years ago, which represented an annual increase of 21% between 2008 and 2012 while the average inflation during the same period remained 14.3%. 

State Life paid its policyholders Rs 24.3 billion in 2012 in claims as opposed to Rs12.8 billion that its policyholders received in 2008. The most recent year-on-year increase in total claims paid by State Life was 25%, as it paid Rs19.49 billion in claims during 2011.

Similarly, individual life first-year premiums in 2008 were Rs4.9 billion which, after increasing at an annualised rate of 29.4%, reached Rs13.9 billion in 2012. The year-on-year increase in individual life first-year premiums during 2012 was 16%, up from Rs12 billion in 2011. 

The individual life renewal premiums in 2008 were Rs13.4 billion rose to Rs30.6 billion in 2012, reflecting an annual growth rate of 22.8% between 2008 and 2012. The year-on-year increase in individual life renewal premiums in 2012 was 13%, up from Rs28.2 billion in 2011. 

The network of 155,000 State Life agents selling different insurance products nationwide played the pivotal role as they increased the number of total policies that are in force to 4.25 million in 2012 from 2.57 million in 2008 with the number of new policyholders in 2012 alone being 752,448. 

The most significant increase was witnessed in group life premium income, as it increased from Rs3.8 billion in 2008 to Rs8 billion in 2012, showing an annual rise of 20%. After the year-on-year increase of 69% in 2012, the company’s group life premium income rose to Rs8 billion, up from Rs4.7 billion in 2011. The number of lives covered under State Life’s group life insurance also increased from 3.8 million in 2008 to 7.8 million in 2012.

Pak Railway Karachi Division show improvement in train operations

By Abdul Qadir Qureshi

(Pakistan News & Features Services)

The punctuality of train operation from Karachi has achieved considerable improvement during the last 2-3 months with almost all the trains except one or two running on time.

“The couple of trains which are facing late departures for about half an hour to two hours is because of certain unavoidable reasons,” Anzer Ismail Rizvi, Divisional Superintendent, Pakistan Railways Karachi Division, disclosed in an interview on January 6.

He revealed that the punctuality improvement has been achieved due to strict monitoring of train operation and motivation which resulted in improved maintenance of locomotives, coaches, signaling system as well track in the Division.

He stated that notwithstanding the ongoing financial crunch, the Railways Divisional authorities did this within their own resources. He pointed out that 57.5 Km of speed restrictions have now been normalized without spending any money thus resulting in running of trains with normal speed.

The Divisional Superintendent maintained that although the Railway Division has allotted 102 locomotives, it was operating 42 locomotives. However, their maintenance has been improved bringing normalcy in the train operation.

It also resulted in operating on an average two freight trains daily from Karachi. He informed that the Railway Division earned 346 million rupees in excess during the last six months of the current financial year as compared to the same period of last financial year.

Anzer Ismail spoke about what he called a significant achievement and said that after a gap of 20 months with effect from January 12013, the Sukkur Express was now running with full composition after attachment of  one Air-condition Sleeper and two Lower AC coaches which were withdrawn from service in May 2011 due to non-availability of power plant. He said these plants have now been made available after a lot of efforts and follow-up.

He said AC Sleeper Coach has a seating capacity of 16 while Lower AC coaches have a capacity of 76 each and will greatly facilitate the passengers intending to travel to Sukkur and Jacobabad.

As regards the future plans, DS Karachi Railways informed that efforts are being made to re-introduce Mehran Express which was a popular mode of journey from Karachi to Mirpurkhas and was closed due to non-availability of locomotives.

Anzar Rizvi informed that railway track from Karachi to Kotri has been rehabilitated while that of Down track was in progress which has brought improvement in speed and running time.

According to him the track rehabilitation from Hyderabad to Mirpurkhas was also in progress and will be completed in about six months which will reduce running time between the two destinations bringing it down from 90 to 60 minutes.