Sindh Government has unveiled ambitious plans to establish fresh industrial zones across the province, with a primary focus on Karachi, aiming to invigorate economic activity and attract both local and foreign investors. Speaking at the Federal B Area Association of Trade and Industries (FBATI), Jam IkramullahDharejo, Minister for Industries and Commerce—Government of Sindh, disclosed the province’s strategy to foster industrial growth. He outlined proposals for new industrial zones, including potential sites like Port Qasim, to stimulate industrial development and generate employment opportunities, particularly in Karachi. Dharejo emphasized the allocation of funds in the Annual Development Plan (ADP) to bolster infrastructure in the seven industrial zones of Karachi, aiming to streamline operations for existing industrialists. Highlighting the government’s proactive stance, Dharejo underscored plans for one-window operations, ensuring swift resolution of industrial issues.
He also directed provincial departments like Sindh Environmental Protection Agency, Stamp Duty, and EOBI to facilitate industrialists, fostering a conducive business environment. In a bid to secure essential resources, Dharejo affirmed ongoing dialogues with the federal government to uphold Sindh’s rights concerning natural gas and electricity supply. Proposing innovative solutions, Dharejo outlined intentions for public-private partnerships to establish combined effluent plants, aligning with export requirements.
President FBATI, Syed RazaHussain, urged sustained collaboration between the government and industrialists, advocating for monthly industry liaison committee meetings to effectively address challenges. Hussain emphasized the scarcity of industrial land in Karachi, calling for affordable financing schemes to support expansion initiatives for existing industrialists. CEO of FITE, Babar Khan, highlighted the interest of Chinese investors in Karachi but raised concerns over infrastructural deficiencies and security issues, prompting companies to consider relocation to Punjab. To optimize industrial activities, Khan proposed the establishment of an industrial belt stretching from Karachi’s outskirts to major cities in Sindh, equipped with requisite infrastructure and utilities to attract investors.
