KPT to still clear Rs650m dues to KMC: report


KARACHI: The Karachi Port Trust (KPT) still has to clear dues of around Rs650 million (municipal utility charges and taxes) to the Karachi Metropolitan Corporation (KMC), which is increasing their financial concerns, reported a local media outlet. 

According to the publication,  an amount of Rs649.6m was outstanding against the residents and commercial/industrial consumers within the jurisdiction of the KPT.

They said the KPT and KPT House owed Rs185m and Rs96m respectively to the KMC as municipal utility charges for the period from 2009 to Dec 2016.

The other consumers of the KPT included Pakistan National Shipping Corporation building (Rs31.5m), Beach Luxury Hotel (Rs11.6m), Dinshaw Byram Avari (Rs26m), Hilton Hotel/Avari Tower (Rs26m), Institute of Bankers (Rs800,000), Port Grand (Rs3.1m), PRC Tower (Rs21.5m), Bahria Complex-I (Rs29m), Bahria Complex-II (Rs29m), Bahria Complex-III (Rs30m), Bahria College (Rs15m), Bahria Security System (Rs8m), Premier Residency (Rs16m) and Lalazar Society (Rs86m).