President of Korangi Association of Trade & Industry (KATI) Sheikh Umer Rehan has noted that due to hike in industrial land prices the process of industrialization was stuck to a certain level. He expressed these views during a meeting held at the occasion of CEO Special Economic Zone Management Sindh Abdul Azeem Uqaili’s visit to the association.
Sheikh Umer Rehan was of the view that to remove hurdles in the way to establish industrial unit should be removed by necessary law making. He said that this should be assured that land for industrial zones must be allotted to industrialists rather than investors.
CEO SEZ management Mr. Uqaili briefed the gathering of renowned industrialist at the occasion regarding future prospect of industrial zones in Sindh. He informed that Dhabeji Economic zone would be the one of biggest SEZ under CPEC. He shared that to provide gas and electricity facilities to Dhabeji SEZ as PC-1 have been approved from the federal government. He mentioned that 10 MGD water would be sanctioned to the SEC. “We are doing our best to provide facilities and attract investments in the SEZ.” he added.
Head of KATI’s standing committee on exports and commerce Gulzar Firoze also addressed on the occasion. He said that Sindh has great potential of industrialization which is yet to be utilized. He urged to provide facilities to increase industrial investment in the province. Chairman and CEO KITE DMC Zubair Chhaya stressed on transparency and security of legal documentation should be ensured.
Photo Caption: President KATI Sheikh Umer Rehan presenting shield to CEO SEZ management Abdul Azeem Uqaili. At the occasion Zubair Chhaya, Gulzar Firoz, Syed Wajid Hussain, Zahid Saeed, Johar Qandhari and Ehtesham Uddin are also present.