FPCCI hails setting up of SEZs in Sindh

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Staff Reporter

Karachi

Mian Anjum Nisar, President and Sheikh Sultan Rehman, Vice President of the Federation of Pakistan Chambers of Commerce and Industry have hailed decision taken by Chief Minister Sindh for setting up of two Special Economic Zones in the province of Sindh. They added that both SEZs will contribute to meet the domestic demand as well as enhancing the exports of services sector and agro foods as well. While commenting on service sector, they stated that Service sector is the largest sector of Pakistan that contributes around 60 percent in GDP, 30 percent in tax collection and 35 percent in employment generation. They added that this has been their consistent view to increase the number SEZs so that new industries could be set up and the issue of unemployment can be tackled. They also appreciated the establishment of Bholari Special Economic Zone which is Pakistan’s first private sector special economic zone is situated in District Thatta on the M-9 Motorway. They also lauded the decision of handing over the possession of 1,535 acres of land for formal launching of Dhabeji Special Economic Zones, near Karachi. The FPCCI termed that the decisions of the Sindh government will promote industrialization in the country which will positively contribute towards strengthening the economy of Sindh in particular and Pakistan as a whole.

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