Divisional Manager of the company Thomas Oetzman held a meeting with high officials of City District Government Karachi (CDGK) last day and presented the company's plan of investment. Thomas told that their company operating in 42 countries was doing business of selling a wide range of products at least 20,000 items under one roof to only those businessmen, who were their members and registered with chamber of commerce and other allied institutions.
Thomas told the meeting that job opportunities would be generated as country manager and other staff numbering 400 in the outlet and 200 in head office would be local. He expressed desire to have a master plan of city highlighting industrial, commercial and residential zones to enable him choose the potential sites.
EDO Enterprises & Investment Promotion (E&IP) Raeesuddin Paracha told him that acquiring land in city industrial zones such as SITE & Korangi was quite difficult as value of land was very much high in these areas. However, he suggested that their company could negotiate with National Highway Authority (NHA) for barren land along with plain sites of under construction Northern Bypass adding that land was also available alongside National Highway after Steel Town approaching Super Highway. Similarly vast pieces of lands were also available at Super Highway near Karachi.