BIN QASIM ASSOCIATION OF TRADE & INDUSTRY
BIN QASIM ASSOCIATION OF TRADE & INDUSTRY
 
 
 
 
 
MIAN MUHAMMED AHMED, PATRON IN CHIEF BQATI, MESSAGE

We welcome you to the website of Bin Qasim Association of Trade & Industry, which came into existence under section - 42 of companies ordinance 1984 wide registration # PAK/KAR/REGN/2006/001 dated February 3, 2006 with clear objectives to promote industrial activities in the area and to contribute positively to the economic well-being of the country by way of enhancing industrial production.

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SALIM DADA, PRESIDENT BQATI, MESSAGE

Bin Qasim Industrial Zone is fast moving on the path of rapid industrialization and mercantile activity. A number of multinational companies have invested in projects. Similarly, some of the projects are run under joint ventures, a large network of industries such as fertilizers, chemicals, edible oil refineries, industrial gases, pharmaceuticals, automobiles etc.

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NAVEED SHAKOOR, SENIOR VICE PRESIDENT BQATI, MESSAGE

Holding the country's largest industrial zone comprising of more than 17,000 acres of land, the largest concentration of industrial FDI in the country, and a port which handles more than 40% of the country's marine trade, the importance of the role of Bin Qasim in Pakistan's economic growth cannot be overstated.

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PARVEZ GHIAS, VICE PRESIDENT BQATI, MESSAGE

Bin Qasim Industrial Zone attached to the Port area has the potential to grow and attract foreign / local investment due to its unique location being port industrial zone, BQATI hope that industries in the area would invest more in future, there is also need for improvement in infrastructure and provision of utility services through one window operation.

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BQATI NEWS
 
 
  • CARMAKER SEEKS IMPORT OF PARTS FROM INDIA
    Pak Suzuki Motor Company Limited (PSMCL) has asked the government to allow import of Alto parts from India so that the car, which was discontinued in July in Pakistan, can be revived.

    Pak-Suzuki had converted all models of vehicles to Euro-H except Alto as its CKD kits are only available in India which meet Euro-H or Pak-H standards. The company had discontinued various cars having carburetor type engines that needed to be replaced by Euro-H compliant EFi engines from June 2012. India
    Date: 18-11-2012  
  • TRADE DEFICIT IN SERVICES NARROWS BY 140PC
    Pakistan`s trade deficit in services narrowed by over 140 per cent in the first quarter of the current fiscal year, from a year ago due to an unexpected increase in exports and a fall in imports. In absolute terms, the deficit in services fell to $299.80 million in JulySeptember period this year from $745.57 million over the corresponding period last year, suggested data compiled by Pakistan Bureau of Statistics.

    In the year 2011-12, the trade deficit in services rose by 55.31 per cent
    Date: 18-11-2012  
  • PTAS WITH RUSSIA, CARS REINITIATED

    Pakistan has reinitiated a move to get Preferential Trade Agreements (PTAs) and Unilateral Market Access with the Russian Federation and five Central Asian Republics (CARs) to benefit from the land route transit facility available under the new Afghanistan-Pakistan Transit Trade Agreement (APTTA).

    Sources in the commerce ministry said that the draft PTA has been forwarded to the Uzbek authorities through diplomatic channels for consideration, while talks with the Russian Federation
    Date: 11-11-2012  
  • TOYOTA TO INVEST $1.3BN IN INDONESIA

    Japan`s Toyota group said on Saturday it will invest about 13 trillion rupiah ($1.3 billion) over the next five years in expanding its vehicle production in Indonesia.

    Toyota Motor and its five affiliated firms are making the move `considering the remarkable growth of the (Indonesian) market in recent years`, a statement from the group said.

    The investment will create 9,000 new jobs, raising the group`s total workforce in Indonesia to around 41,000, according to Japanese m
    Date: 11-11-2012  
  • LAND ROUTE INDIA TO EXPORT 5,600 ITEMS

    Pakistan has decided in principle to allow import of all tradable items on land routes from India, an official source told Dawn on Saturday.

    In absolute terms, this decision will allow India to export more than 5,600 items via land route especially the Wagha boarder as against the current slightly over 100 items allowed via a land route to Pakistan.

    `We have already submitted a summary to the federal cabinet in this regard to seek approval`, an official of the commerce min
    Date: 11-11-2012  
  • LONG-TERM AUTO-INDUSTRY POLICY SOON : SAYS PM
    Addressing a gathering after inaugurating an automobile assembly plant of Al-Haj FAW Motors Company at National Highway in the vicinity of Port Bin Qasim, the premier said that the government was ready to support experimental and innovative vehicles to make these affordable for the common man. The real success of this industry would be when the prices of vehicles would come down to the affordability of a common man, he added.
    He expressed the hope that local auto-industry would come up with
    Date: 11-11-2012  
  • SITE INDUSTRIES CHALK OUT Rs 100 M SECURITY PLAN

    Industrialists in Site area have chalked out a Rs100 million security plan under which check-posts would be set up and barriers and surveillance camera system would be installed, besides setting up a control room for effective monitoring of the security measures.

    Dr Arshad A Vohra, Chairman, SITE Association of Industry placed the proposal before a gathering of industrialists on Wednesday to which all members agreed.

    Under the plan, guards would be posted at the checkposts
    Date: 11-11-2012  
  • RS 40 BN KESC PLAN ON POWER GENERATION
    The Karachi Electric Supply Company (KESC) on Wednesday announced plan to invest Rs40 billion ($400 million) during next two to three years in enhancing its generation capacity, improving generation fleet efficiency to meet growing power demand across its service territory.

    A spokesman from the power utility said on Wednesday that KESC would arrange these funds from local and foreign institutions in the shape of both debt and equity.

    The KESC has already invested around $1 bill
    Date: 11-11-2012  
  • EFFORTS TO PROTECT LOCAL CAR INDUSTRY
    The federal industries ministry has stepped up its efforts to lobby with other ministries to reduce the age limit for import of used cars from five-year to three years in a bid to provide protection to local manufacturers.

    At the same time, the depreciation limit of used cars will also come down to 24 per cent from the current 48 per cent.

    This means that importer can now only avail a maximum of 24 per cent depreciation in value of car for assessment of duty and taxes.

    Date: 11-11-2012  
  • ALL ITEMS` IMPORT VIA WAGHA ASSURED

    Indian High Commissioner Sharat Shabharwal has said that the government of Pakistan has given an assurance that all items will be importable through the Wagha border very soon.

    Speaking at the Lahore Chamber of Commerce and Industry on Thursday, the Indian diplomat said presently only 138 items could be imported through WaghaAttari land route. `Once the restriction is lifted, India will cut down its Safta Sensitive list by 30 per cent and by April 2013 this list would be curtailed
    Date: 11-11-2012  
  • FPCCI THREATENS STRIKE IN KARACHI.
    Business community on Friday gave an ultimatum to the government to resolve the city’s deteriorating security situation while accusing the coalition partners in Sindh provincial government for being directly responsible for the poor law and order.

    A closed-door meeting of the members of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) decided to observe a one-day strike on Nov 8 if their demands are not met, and the strike could also be extended for an unlimited time
    Date: 19-10-2012  
  • RECORD ETHANOL EXPORT LIKELY

    The country is likely to achieve a record export of over 400,000 tons of ethanol fetching $320 million by end of this calendar year.

    Industry sources told Dawn on Thursday that so far around 313,102 tons of ethanol ($260 million) had been exported. `There are firm orders for another 85,000 tons which will take the ethanol export to cross 400,000 tons mark,` sources added.

    In 2011, the country exported 363,764 tons of ethanol.

    Pakistan began ethanol export in 2003
    Date: 23-10-2012  
  • NORMALISE TRADE FIRST - SABHARWAL INDIAN HIGH COMMISSIONER
    Indian High Commissioner Sharat Sabharwal here on Thursday said that India and Pakistan should first focus on normalising their bilateral trade ties for implementing WTO business plan and then entering the regime of preferential trade with each other.

    `Our focus should be to normalise our trade ties first.

    After compliance with WTO plan, we can move for preferential trade,` the Indian diplomat said during a meeting with members of Karachi Chamber of Commerce and Industry (KCCI)
    Date: 23-10-2012  
  • KCCI - TRADERS TO HOLD SIT-IN ON NOVEMBER 03, 2012
    KARACHI CHAMBER OF COMMERCE AND INDUSTRY

    TRADERS TO HOLD SIT-IN ON NOVEMBER 03, 2012

    October 20, 2012 Traders and industrialists here on Saturday decided to hold a sit-in on Nov 3 at Governor`s House and Chief Minister`s House for restoration of peace and to protest rising incidents of extortion and kidnappings for ransom.

    This was unanimously decided by the business community at a meeting held at the Karachi Chamber of Commerce and Industry (KCCI).

    It was de
    Date: 22-10-2012  
  • SUGAR MILLERS SEEK GOVT SUPPORT
    Sugar millers have expressed frustration over the government policies that they felt are tilted to suit the interest of growers and consumers at their cost.

    They warned that if the government failed to amend the said policy to accommodate the interests of millers the industry could actually collapse.

    Each sugar mill having a double tandem (8,000 tons crushing capacity per day) will suffer Rs10 million loss per day if the government fails to correlate lower sugar prices with hig
    Date: 11-11-2012  
  • NEW LPG POLICY LIKELY TO BE APPROVED TODAY
    Economic Coordination Committee (ECC) of the Cabinet is likely to approve new Liquefied Petroleum Gas (LPG) Policy 2012 on Tuesday (today) according to which a ban will be imposed on the sale of gas to the private sector by the public sector, sources close to the Petroleum Secretary told Business Recorder.

    “To ensure that cartels are not formed and high consumer price of LPG is not charged, Petroleum Ministry and Ogra will determine the quantity of LPG to be imported to meet the gap bet
    Date: 23-10-2012  
  • D-8 MEETING BEGINS TODAY IN ISLAMABAD
    A four-day meeting of the Developing-8 (D-8) countries beginning here today will formulate a strategy to enhance their share in global trade by 15 per cent by 2018. It will be inaugurated by Prime Minister Raja Pervez Ashraf.

    `The D-8 countries` share in global trade has already increased from $67 billion in 2008 to $130 billion last year, which is almost double, and in this event a strategy will be chalked out to increase their share by 15 per cent, Secretary of the Trade Development
    Date: 19-11-2012  
  • BQATI ANNUAL GENERAL MEETING
    BQATI - ANNUAL GENERAL MEETING

    KARACHI: Mr. Usman Ahmed, President of Bin Qasim Association of Trade & Industry (BQATI) Friday addressed to the well-attended annual general meeting (AGM) of BQATI held at The Enterprise Facility, RAAZIQ International Auditorium at Port Qasim Industrial Zone, Karachi.
    He said that Bin Qasim is the only industrial zone of Pakistan who has planned and organised industrial zone and “if the government gave little bit attention it could be made a model in
    Date: 16-09-2012  
  • BQATI meeting with CCPO Karachi.
    BQATI meeting with CCPO Karachi.

    BQATI delegation met with Mr. Akhtar Hassan Khan Gorchani PSP, CCPO Karachi, at Police Head Office on Thursday June 14, 2012. Mian Muhammed Ahmed, Patron in-Chief / Founder President BQATI, Mr. Usman Ahmed, President BQATI, Mr. Abdul Rasheed Jan Muhammed, Vice President BQATI and Mr. Muhammed Ali Haider, Member Managing Committee BQATI were present in the meeting.

    Security issues of Bin Qasim Industrial Zone were discussed in the meeting, BQATI
    Date: 07-10-2012  
  • BQATI DELEGATION MEETING WITH DIG TRAFFIC
    BQATI DELEGATION MEETING WITH DIG TRAFFIC
    May 16, 2012 - A delegation of Bin Qasim Association of Trade & Industry (BQATI), along with its Mian Muhammed Ahmed, Patron In-chief & Founder President, Mr. Usman Ahmed President BQATI, Mr. Shakil Ashfaque, Chairman Legal & Finance Advisory Committee, Mr. Naveed Shakoor, Member Managing Committee BQATI, Col. ® Akhtar Abbas, Member BQATI and BQATI Secretary General Mr. Abdur Rehman Ismail, called on the DIG Traffic Police Mr. Khurram Gulzar PSP and
    Date: 07-10-2012  
  • BQATI meeting with DG Rangers
    BQATI meeting with DG Rangers

    BQATI members met with DG Rangers, Major General Rizwan Akhter Director General Rangers Sindh, at Rangers HQ Sindh on Wednesday, May 09, 2012. Mian Muhammed Ahmed, Patron in-Chief and Founder President BQATI and Mr. Usman Ahmed, President BQATI were present in the meeting.

    Security issues of Bin Qasim Industrial Zone were discussed in the meeting, BQATI members pointed out that organized gangs are operating in the Bin Qasim Industrial Area such ga
    Date: 07-10-2012  
  • BQATI VISIT - KARACHI EXPORT PROCESSING ZONE
    BQATI VISIT - KARACHI EXPORT PROCESSING ZONE

    Karachi Staff Reporter : Bin Qasim Association of Trade & Industry, BQATI delegation led by Mian Muhammed Ahmed, Patron In-Chief & Founder President, Mr. Usman Ahmed, President, Mr. Abdul Rasheed Jan Mohammed, Vice President, Mr. Shakil Ashfaq, Chairman Law Committee, Mr. Muahmmed Ali Haider, Member Managing Committee, Mr. Iftikhar Ahmed, Member Managing Committee, Mr. Amin Ali Dawood, Member Managing Committee Bin Qasim Association of Trade
    Date: 07-10-2012  
  • PAKISTAN FOREIGN DIRECT INVESTMENT (FDI) FELL BY 67
    PAKISTAN FOREIGN DIRECT INVESTMENT (FDI) FELL BY 67

    Foreign investment is becoming rare commodity for the country while the outflow has been increasing rapidly as was witnessed during the first quarter of this fiscal year.

    The foreign direct investment (FDI) fell by 67 per cent to $87 million during the July-September of 2012-13 compared to $263 million the same period last year. The rise in portfolio investment supported the overall Foreign Private Investment (FPI) which fell
    Date: 19-10-2012  
  • PAKISTANIS REMIT $1.36BN IN OCTOBER 2012
    Overseas Pakistani workers remitted a historic amount of $1.365 billion in October that was 34 per cent, or $347 million, higher, than the amount remitted during the same period of last year, the State Bank of Pakistan said on Monday.

    The Bank said the previous highest amount remitted in a single month by overseas Pakistanis was recorded in August, 2011 when they sent home an amount of $1.310 billion.

    The remittances received from all countries of the world showed an impressive
    Date: 13-11-2012  
 
 
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