Karachi (Muhammad Yasir) Businessmen and industrialists’ community associated with the
Federal B Area Association of Trade and Industries (FBATI) elected its
leadership for the two-year term.
According to the official statement, renowned businessman and CEO
United King Sheikh Muhammad Tehseen has been elected as President
Federal B Area Association of Trade and Industry for the period of
2024-2026.
CEO Zahra Industries Abdullah Abid has been elected as Senior Vice
President and Director Premier Cables Muzammil Shoaib has been elected
Vice President for the period of 2024-2026.
The FBATI is one of the seven industrial zones in Karachi with nearly
1800 large, medium, and small industrial units.
On the occasion, the newly-elected President FBATI Sheikh Muhammad
Tehseen expressed his gratitude to the business community of the
industrial zone, vowing to resolve the issues of the industries in the
future, including the dilapidated infrastructure, increasing cost of
doing business and high interest rates.
He mentioned the revival of industrial activities is indispensable for
sustainable economic growth that cannot be achieved without providing
a conducive ecosystem for SMEs.
