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Govt encouraging investment, setting up of new industries

Govt encouraging investment, setting up of new industries

KARACHI: The government was providing full cooperation towards investment as well as the establishment of new industries.

This was stated by the Governor of Sindh, Muhammad Zubair, during a visit to the Overseas Investors’ Chamber of Commerce and Industry (OICCI) here on Thursday.

He said that the enhancement in investment and economic activities would be beneficial towards creation of employment opportunities as well as poverty alleviation.

The Governor praised the contribution of the OICCI towards the revenue generation. He said that after the restoration of law and order in Karachi, attention is being focused on rehabilitation and improvement in infrastructure so as to enhance the economic and commercial activities.

Zubair said that Rs. 25 billion Karachi Package has been announced by the Prime Minister. Through this special attention would be paid towards the infrastructure in the industrial areas of Karachi as well.

He stated that after improvement in law and order Karachi has emerged as an ideal city for foreign investment as well.

The Governor pointed out that the OICCI was also helpful for attracting the foreign investment. He assured that the government would help resolve the problems of OICCI on priority basis and in this regard he would also approach the concerned ministries. The Governor was apprised of the activities of the OICCI on the occasion.