AIRLINK 186.81 Decreased By ▼ -2.55 (-1.35%)
BOP 12.17 Increased By ▲ 1.07 (9.64%)
CNERGY 7.11 Decreased By ▼ -0.17 (-2.34%)
FCCL 37.08 Increased By ▲ 0.43 (1.17%)
FFL 14.69 Decreased By ▼ -0.26 (-1.74%)
FLYNG 25.59 Decreased By ▼ -0.60 (-2.29%)
HUBC 131.73 Increased By ▲ 0.84 (0.64%)
HUMNL 13.25 Decreased By ▼ -0.22 (-1.63%)
KEL 4.21 Decreased By ▼ -0.07 (-1.64%)
KOSM 5.97 Decreased By ▼ -0.11 (-1.81%)
MLCF 45.65 Decreased By ▼ -0.29 (-0.63%)
OGDC 199.44 Decreased By ▼ -2.42 (-1.2%)
PACE 6.04 Decreased By ▼ -0.08 (-1.31%)
PAEL 37.59 Decreased By ▼ -0.77 (-2.01%)
PIAHCLA 17.02 Increased By ▲ 0.29 (1.73%)
PIBTL 7.76 Decreased By ▼ -0.18 (-2.27%)
POWER 10.76 Increased By ▲ 0.90 (9.13%)
PPL 170.54 Decreased By ▼ -2.92 (-1.68%)
PRL 32.91 Decreased By ▼ -1.82 (-5.24%)
PTC 23.31 Decreased By ▼ -0.64 (-2.67%)
SEARL 95.62 Decreased By ▼ -6.12 (-6.02%)
SILK 1.07 No Change ▼ 0.00 (0%)
SSGC 30.22 Decreased By ▼ -2.48 (-7.58%)
SYM 17.48 Decreased By ▼ -0.45 (-2.51%)
TELE 8.02 Decreased By ▼ -0.12 (-1.47%)
TPLP 11.73 Decreased By ▼ -0.29 (-2.41%)
TRG 62.26 Decreased By ▼ -5.14 (-7.63%)
WAVESAPP 11.79 Decreased By ▼ -0.01 (-0.08%)
WTL 1.47 Decreased By ▼ -0.05 (-3.29%)
YOUW 3.87 Decreased By ▼ -0.03 (-0.77%)
BR100 11,764 Decreased By -55.8 (-0.47%)
BR30 34,550 Decreased By -449.6 (-1.28%)
KSE100 111,744 Decreased By -341.8 (-0.3%)
KSE30 34,807 Decreased By -139.3 (-0.4%)

Sindh Minister for Labour, Transport, Industry, Commerce and Cooperation, Muhammad Adil Siddiqui has informed business community that a cabinet meeting scheduled to be held in next few days would give approval for two projects including desalination of sea water and Site area power generation plant.
Addressing the opening ceremony of 14th Site Eid Bachat Bazaar on Thursday, organised by Site Association of Industry (SAI), he said that power generation projects would be implemented by Site Limited and provide power to site industries in collaboration with Karachi Electric Supply Corporation (KESC) on KESC tariff. The minister said that both the projects, seawater desalination plant and power generation would cost around Rs 40 crore.
He said water shortage and power problem would be resolved after commissioning of these two projects. He further said that PC one of the projects is already prepared and the projects need only cabinet approval. Adil Siddiqui said that the government is making efforts to provide conducive atmosphere in which investors, industrialists, business community and general public should live and work without tension.
Referring to law and order situation the minister termed it as normal in the province excepting few incidents. Efforts are under way to control these occasional incidents, he added.
He noted that investors are taking full advantage of improved law and order and are making investment in the province. Few years ago in Nooriabad industrial area no investor ventured to go and invest. Now investors are making investment in this industrial estate and number of industrial units has grown considerably.
Welcoming the guests, Chairman, SAI, Imran Shaukat complained that Site industrial area is getting only 5 MGD water per day whereas the requirement is around 32 to 40 MDG per day.
He said that SAI has been organising this Eid bachat bazaar since last 13 years to provide a facility to industrial workers, their families and general public to purchase goods at 10 to 25 percent discounted rates.

Copyright Business Recorder, 2007

Comments

Comments are closed.