Sindh government has approached President Asif Ali Zardari to give 10 years tax exemption to agro based industries in Sindh, Sindh Minister for Industries and Commerce, Abdul Rauf Suiddiqui informed business community Speaking at launching ceremony of Karachi Chamber of Commerce and Industry (KCCI) exhibition "My Karachi- Oasis of Harmony" at a local hotel on Wednesday night.
He said that he had give a suggestion to President and Prime Minister to give agro based and food industries tax fee status in Sindh. He said that tax exemption is necessary to encourage investors for establishing agro based industries in the province. He said that water supply for industrial zones Nooriabad and Hyderabad will start in next 8 months at a cost of Rs 18 billion.
He advised business community to make plan of investing in interior of Sindh and establish industrial units in general and agro based industries in particular. Rauf Siddiqui said that the government would construct boundary wall around Site Super Highway industrial area for safety and security purpose of investors, workers and industrialists .
He appreciated Chief Justice of Pakistan Iftikhan Muhammad Chaudhry for taking notice regarding environment hazard in industrial areas and his directive to industries and government for proper disposal of industrial waste. Appreciating KCCI for holding its annual event regularly since last 6 years to portrait Karachi as peaceful city and economic hub of the country, he assured full support and assistance by the government of Sindh in this regard.
Governor of Sindh Dr Ishrat-ul-Ibad and Chief Minister Sindh Syed Qaim Ali Shah were invited as chief gusts, but they did not turn up due to important engagements. Advisor to Chief Minister Sindh on investment, Zubair Motiwala informed that the government of Sindh is holding an international investment seminar on April 10,2010 He said that Sindh Board of Investment has completed about 21 feasibility reports for investment opportunities in Sindh.
Leader of Businessmen Group (BMG) Siraj Kasim Teli said that Karachi was recognised and valued as diversified fastest growing city and a gateway for Central Asia. However, continuously its image was tarnished by way of adverse propaganda made by the Western media. President KCCI, Abdul Majid Haji Mohammad said that the chamber has designed 7th "My-Karachi - Oasis of Harmony (2010)" exhibition, to act as the avenue for interactive business-to-business linkages and business-to-consumer relationship. Abdul Majid said that this year KCCI had taken extra measures to organise the event in more vivid and stylish fashion..
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