Karachi: Aqeel Karim Dhedi, a business magnate from Karachi, has assured Pakistan Cricket Board Chairman Ramiz Raja that he will invest in a hotel near the National Stadium. On Monday, the PCB president met with the city’s business leaders at the AKD headquarters, where he discussed ways to strengthen Pakistan’s cricket economy.

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Dhedhi assured Ramiz that he will fund the development of a 200-room five-star hotel near the National Stadium on his own dime. He told him it would be simple for him to contribute $8-9 million to the project. The hotel’s principal goal will be to host international touring teams while also improving on the normal security arrangements.

Dhedhi’s interest in investing in the sport was welcomed by Ramiz. “We need players like them,” Ramiz says. “They will provide [opportunities] for us, and he has vowed to support us.”

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The PCB president stated that the board will advise Dhedhi and other investors on how to best use their money to help cricket thrive. “We’ll also inform him how he can assist us,” Ramiz added.

“I appreciate his inviting us. He is quite knowledgeable about the business side of cricket. In the future, we’ll include him in the cricket setup.” Dhedhi expressed his delight that the PCB had now recognised the importance of the business community and was willing to listen to them.

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