RECORDER REPORT
KARACHI (March 07 2010): Acting Governor
Sindh, Nisar Ahmed Khoro has advised
business community to come forward and
establish agro based value added industries
in the province. Speaking at the investment
conference organised by Karachi Chamber of
Commerce and Industry (KCCI) on Saturday, he
assured that government would provide all
possible facilities to the investors and
encourage foreign investors to invest in the
province.
He said that the province offers vast
investment opportunist in packaging of fresh
juices, preparing value-added produce from
sugar cane, investment in agro based
industrial; and other sectors. He emphasised
the need of establish water desalination
plants to utilise waste water for productive
purposes.
The acting governor pointed out that water
of Kinjer Lake is contaminated and it is
unfit for human consumption. Efforts should
be made to purify the water. He informed
that the government has prepared a low cost
housing scheme for the province besides
converting Katchi Abadies in developed
areas.
Leader of the Businessmen Group, Siraj
Kassim Teli said that KCCI holding annual
exhibition since last seven years and this
year it will be held in the month of June.
Criticising CNN and BBC, he said that they
over play small incident occurred in
Pakistan, which create negative impact in
the mind of foreign investors.
Former President KCCI, Khalid Firoz said
that over 600 multinational companies are
working in Pakistan and doing lucrative
business. Advisor to Chief Minister Sindh on
Investment, Zubair Motiwala said that the
province offer beast investment opportunists
in LIVESTOCK, fisheries, DAIRY farming,
agriculture products processing and
packaging.
He said country could get uninterrupted
power supply by utilising Thar coal for the
next 30 years. By utilising Thar coal
Pakistan can generate 200 MW power besides
producing 50 MW power by use of wind energy,
he added. He pointed out that Sindh coastal
areas have natural shrimp farming sites,
which can generate 70 percent profit by just
utilising them in a systematic way.
Citing example of Iran, he said Iran has
1400 shrimp farms and earning huge foreign
exchange. Consul General of Japan, Masaharu
Sato said that Pakistan is a huge market and
people are very hardworking. Tahir A Khan
said that electronic media is a very
potential area for investment. This sector
has provided 10,000 jobs in Karachi alone.
Copyright Business Recorder, 2010
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