Karachi
\nThe industrialists of SITE have warmly welcomed the Sindh government\u2019s approval of a Rs9.28 billion package aimed at reviving the infrastructure of Karachi\u2019s industrial areas, calling it a timely and industry-friendly decision that will boost production, exports, and investment.
\nPatron-in-Chief of the SITE Association of Industry (SAI), Zubair Motiwala, lauded Chief Minister Syed Murad Ali Shah for what he described as a \u201chistoric and commendable initiative,\u201d saying the long-awaited funding would help resolve chronic infrastructure bottlenecks that have hampered industrial growth for years.
\nHe added that transparent utilisation of funds and the formation of an oversight committee would further strengthen trust between the government and industrial stakeholders.
\nCalling the package, a \u201clandmark decision,\u201d Saleem Parekh, Chief Coordinator of the SITE Association, said the government had rightly linked industrial revival with employment generation and export growth.
\nHe also acknowledged the role of Provincial Minister for Industries Jam Ikramullah Dharejo and Local Government Minister Syed Nasir Hussain Shah, expressing hope that their continued support would translate into sustained relief for Karachi\u2019s industrial base.
\nSalim Parekh praised Karachi Mayor Murtaza Wahab for his dedicated efforts in initiating the TP-1 and TP-3 projects, calling them a significant step for the city. He stated that if the current performance continues, by December 30 the SITE area will begin receiving one million gallons of water per day through TP-1. This development is expected to greatly help in addressing the city\u2019s water shortage. Parekh further added that if the pilot project proves successful, Mayor Wahab has assured that its capacity will be gradually increased every month to provide greater relief to the citizens.
\nMeanwhile, Ahmed Azeem Alvi, President of the SITE Association, said the allocation of Rs2bn for the SITE Area would bring tangible relief to industrialists by improving basic infrastructure and lowering production costs. He welcomed the consultative mechanism involving the Mayor of Karachi and the Commissioner Karachi for fund distribution, terming it a positive step towards equitable and needs-based development.
\nSAI leaders were unanimous in their view that the Sindh government\u2019s initiative could mark a turning point for Karachi\u2019s economy, paving the way for higher industrial output, stronger exports and renewed investor confidence.<\/p>\n","protected":false},"excerpt":{"rendered":"
Karachi The industrialists of SITE have warmly welcomed the Sindh government\u2019s approval of a Rs9.28 billion package aimed at reviving the infrastructure of Karachi\u2019s industrial areas, calling it a timely and industry-friendly decision that will boost production, exports, and investment. Patron-in-Chief of the SITE Association of Industry (SAI), Zubair Motiwala, lauded Chief Minister Syed Murad […]<\/p>\n","protected":false},"author":2,"featured_media":521227,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-521177","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\n