Need to improve infrastructure stressed

16 May, 2008

Dr Mirza Ikhtiar Baig has emphasised to take measures to improve the infrastructure of the province, particularly, in Karachi, along with the improvement in law and order situation. Speaking at Trade and Industry Convention here on Wednesday.
He also stressed to reduce the number of various government inspection agencies for the industries and support skill development training for the workers and most importantly one window operation in its true sense need to be installed to attract investment in the manufacturing sector.
Dr Baig explained that as per successful model of the regional countries, we have to go for a cluster of similar activities, ie special industrial zones for specialised industrial activities like establishment of textile and garment cities in Port Qasim Karachi in the near future.
Being Director of Pakistan Japan Business Forum (PJBF) he informed that in recent Board of Directors meeting of PJBF, the heads of the Japanese multinational companies expressed their reservation at the poor infrastructure and law and order situation but shown their interest to invest in the proposed economic free zone (2,500 acres) near Karachi. One of the Japanese Study Group is arriving Karachi on July 21, 2008 for a joint study group meeting in this regard.
The Japanese companies can be asked to invest the Japan Electronic free 'zone against some especial incentives to have their manufacturing facilities of the electronic goods for local and export markets. Similarly Korea and China can be approached for their dedicated industrial zones.
Our existing industrial infra-structure in the estates like, SITE Korangi, F B Area, North Karachi, Nooriabad etc is 50-60 years old and should be developed through their Private Management Companies with majority of the private sector directors to manage these industrial estates like successful models of Chunian, Sunder, Kot Lakhpat and Multan industrial estates of Punjab.-PR

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