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Wednesday November 27, 2024

Malik Riaz in talks to open five-star hotels in Karachi, Peshawar, Quetta

DUBAI: Bahria Town Chairman Malik Riaz Hussain has arrived in Dubai to take part in some meetings with senior officers of K-Electric regarding progress on the agreements made two months ago in March and to discuss opening of Sheraton Hotels in Karachi, Peshawar and Quetta.These hotels will add a new

By our correspondents
May 25, 2015
DUBAI: Bahria Town Chairman Malik Riaz Hussain has arrived in Dubai to take part in some meetings with senior officers of K-Electric regarding progress on the agreements made two months ago in March and to discuss opening of Sheraton Hotels in Karachi, Peshawar and Quetta.
These hotels will add a new dimension to hospitality in Pakistan and promote tourism in these cities. They will also play an important role in economic uplift of these cities. Bahria Town has already been building a five-star Sheraton Hotel in Bahria Golf City, Islamabad. Construction of five-star hotels in Bahria Towns in Rawalpindi and Lahore is also underway.
Malik Riaz’s negotiations with K-Electric officers on the agreements that were signed two months ago will move on amicably. Two months ago, Bahria Town and K-Electric signed agreements worth billions of rupees regarding uninterrupted electricity supply and production.
Under these agreements, Bahria Town and K-Electric will work on projects of power production from coal, LNG and solar over the coming three-four years, making an investment of billions of rupees. Latest technology will be introduced for power distribution so that losses are brought down to the minimum.
Staying in Dubai, Malik Riaz will meet known architects, engineers and consultants to discuss Bahria Town’s upcoming projects in Karachi, Islamabad and Lahore. These mega projects will be a milestone in development and progress of the country.