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‘Ali Riaz Malik’ Inaugurates Water Supply in Bahria Town Karachi

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Bahria Town CEO Ahmed Ali Riaz Malik has said that Bahria Town is constructing two underground water tanks having a capacity of 400k gallons each and one overhead water tank with the capacity of 100k gallons for every precincts. He said RO plants of 200k gallons are also under construction. Speaking to the media on Tuesday when he formally inaugurated the water supply from Karachi Water Board by opening the valve, Ahmed Ali Riaz Malik said the real-estate developer is providing world-class facilities for the residents of Bahria Town Karachi. “It is a matter of great delight that Bahria Town Karachi has started handing over possession to the owners of the commercial and residential plots within a short span of 8 months,” he said. Last month, a multi-billion agreement to add 500MW to power-starved Karachi was signed between Bahria Town and K-Electric. LNG and coal power plants will be set up at Bahria Town under this agreement which aims to provide uninterr...

First branch of the EIBL inaugurated by Ahmad Ali Riaz Malik at Bahria town Lahore

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Bahria town’s Chief Executive Officer Ahmad Ali Riaz Malik , EIBL Chief Executive Officer Zain Malik, and CEO Naveed Amin Khwaja today inaugurated the first branch of Escorts Investment bank limited at Bahria town Lahore. On this occasion, Bahria Town CEO Ahmad Ali Riaz Malik stated that the main motive behind the opening of this bank is to enable all the people from the community to seek through the financial services provided by the bank. Moreover, its main purpose is to facilitate al the needy individuals with enough finance to let them buy their preferred plots or construct their house with easy on interest loans Ali Ahmed Riaz malik further quoted that the second branch of the EIBL would be opened on Feb 19 at Karachi which will be followed by the opening of the third branch in Rawalpindi in the last week of the present month. he also added that escorts Investment bank is now going as per the equity norms and while it is now been infused with an investment of Rs 1.2...