Sep 4, 2010

Malik Riaz Hussain CEO Bahria Town Donates 2 Billion Dollars for Flood Victims

Malik Riaz Hussain - CEO Bahria Town

Malik Riaz Hussain, CEO Bahria Town announced the donation of US Dollar 2 Billions for the relief and rehabilitation of flood victims. He has donated almost 75% of his assets, according to news.
Malik Riaz Hussain Chairman Bahria Town announced in an interview with CNN, record amount of US$ 2 Billion to the cause of helping the flood victims. He appealed to Top 140 Richest Pakistani Billionaires to come forward and help their country to solve many problems of the poorest people of Pakistan.

Malik Riaz Hussain said that 10 thousands homes should be built which not only accommodate 80,000 people but will also provide them facilities of education, healthcare & entertainment. He said if approached Bahria Town will construct these houses on no profit basis. In fact he is ready to donate more from his pocket for this cause. He suggested a special team should be established to monitor funds utilization & quality of the houses being constructed.

Bahria Town is presently providing 150 thousand free daily meals; free Healthcare to 80 thousand individuals, everyday. They are also providing them relief goods including tents, utensils, daily items etc. He said “And I am ready to spend my each every penny for this purpose, because if my people are out of food, out of houses, I cannot sleep.”

59 years old Malik Riaz Hussain is the 9th Richest Man of Pakistan. Bahria Town is a brain child of Malik Riaz Hussain. Malik Riaz Hussain was forced at the age of 19 to start his career as a Lower Division Clerk in Islamabad. He remembers vividly, three years later, having to sell some family silverware just to buy medicine for his sick 2-year-old daughter. Malik Riaz says that he is pursuing the "Sultana Daaku" strategy. He earns from the rich and facilitates the middle income group. His Bahria Town is the largest private sector development company of Asia. Bahria Town is constructing houses from Rs. 3.5 millions to Rupees 220 millions. 

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