Sunday, October 18, 2020

‘Korangi Creek Industrial Park’ future model of SEZ, says Razak Dawood

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Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]
Adviser to The Prime Minister on Commerce, Industry and Textile, Razak Dawood has said that the government is committed to improve ease of doing business indicators. He highlighted various initiatives are in pipeline. Razak said “I wanted to see KICP a future model of SEZ”.

During his visit at the Korangi Creek Industrial Park (KCIP). He met members of the standing committee KCIP.  Chief Executive Officer (CEO) PIDC Tabish Iqbal, CEO NIP Rizwan Bhatti and other officials were also present at the occasion.

Chairman Korangi Creek Industrial Park standing committee Shahid Ghoury made a presentation on various issues being faced by industrialists.

 

Ghoury said that the electricity being a major issue hampering growth of the industry in the industrial park. The other issue of sub lease, effluent treatment plant and high Cantonment Board charges are matters which are not encouraging industrialists.

At the event, Rizwan Bhatti presented the update and solution to various issues. Razak Dawood directed the concerned officials to resolve and set deadlines for same. Razak also advised the officials to submit the report by February 15, he assured participants that KCIP issues will be addressed soon.

 

Razak also stressed on increasing export and substituting import with local products. The participants thanked the Adviser, appreciated the government initiatives to improve ease of doing business and assured him to provide the feedback on the progress.

Executive member of KICP Mashood Khan said if National Industrial Park (NIP) assignments will be completed on time then there is no reason that SEZ would be more vigorous not only on the domestic front but also foreign investment through Joint Venture (JV) & technical agreements (TA) with local entrepreneurs can be done to boost manufacturing.

 

Mashood said that private sector has the ability to generate more employment opportunities if the incumbent government provide the facilities by removing hurls in the KCIP.

 

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

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