The Sindh government will provide land for cottage and small industries at low-cost in various areas to promote industrialisation in the province. This was stated by Sindh CM's Advisor Waseem Akhtar while inaugurating the second international food technology and plastic, printing, and packaging exhibition at the Expo Center Karachi on Tuesday. It was organised by the Pegasus Consultancy in collaboration with the CEMS Singapore and the Chan Chao of Hong Kong. The advisor said the provincial government was trying to amend typical land rules prevailing in the province for the last 50 year to provide land to the investors.
The development of Karachi suffered heavily in the past due to various reasons, but the present government was updating infrastructure to generate economic development in the city in particular and in the country in general.
Waseem Akhtar said the exhibition provided a chance to the local producers to benefit from the modern techniques and technology in vogue in advanced countries, which would help in industrial development. The Sindh government is providing facilities to the local industrialists and the private sector is actively supporting the government's policies for economic development, he added.
He hoped that the participants of the exhibition would get reward in terms of sales, and would go back with a fair perception about Karachi as an industrial hub of Pakistan.
Karachi Chamber of Commerce and Industry President Khalid Feroze, in his speech, urged the Sindh government to provide land to small and medium industries on long-term payment basis so that small investors could set up factories to provide employment in villages which would, in turn, help in reducing the poverty.
Khalid Feroze said the KCCI would hold its second exhibition nicknamed 'MY Karachi' in June this year and Sri Lanka and Bangladesh would be guests of honour in the show. The gesture would help to promote trade with these countries. Pakistan Plastic Manufacturers Association Chairman Zakariya Usman urged the Sindh government to reduce customs duty on import of raw material and machinery used in plastic industry, adding the strength of plastic was greater than steel and the growth in plastic industry helped some Asian countries to become Asian tigers.
The ceremony was also addressed by Asim Siddiqui of Pegasus and Edward Lu of Cems.
About 130 companies from 12 countries have put up their stalls at the exhibition. About 10 Indian companies dealing in food processing and plastic manufacturing under the banner of their associations are participating in the four-day exhibition.
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