Karachi, May 17, 2012 (PPI-OT): Chief Minister Sindh Syed Qaim Ali Shah has said that Sindh province is an agriculture oriented province and economy of the same mainly depend on agriculture sector while it is endeavour of present government to develop the agriculture on mechanized and modern lines. This was observed by Chief Minister Sindh Syed Qaim Ali Shah while holding meeting with a delegation from M/s Tripple LLC, Republic of Belarus, held at Chief Minister House.
Syed Qaim Ali Shah further said that for the development leveling and ploughing of land etc machinery equipments, implements and other articles are required. He further said that there are lot of opportunities for investment in Sindh and tractor manufacturing and assembling can solve the problem of area.
Chief Minister Sindh further said that the government of Sindh will provide all required facilities to investors and bottlenecks if any will be resolved on priority basis. He hoped that the venue of plant can be selected for Larkano or any other suitable place.
Chairman Board of Investment Mr. Saleem H. Mandivwala informed that M/s Tripple LLC of Belarus wants to manufacture tractors in Pakistan particularly in Sindh province. He added that they have already a vast market. Chairman Sindh Board of Investment Mr.Zubair Motiwala said that there is at least need of more than One Lac tractors in Pakistan.
It was also informed that in connection with government subsidy on tractors, every year more than 1, 40,000 applications are received, but the government is only providing subsidy for 5000 applications only.
The delegation of M/s Taripple LLC, Republic of Belarus informed the meeting that they had proposed site of plant for HABB industrial area. It was decided that further issues will be discussed in detail and matter of site for establishment of manufacturing plant will be decided soon.
The meeting was attended among others by Mr. ALEXEI CHEPIKOV, Mr. ANDREL KOKHOV, Mr. AlEXANDR SLESAREV, MR. ABDUL GHANI MAJEED, MR. SALMAN YOUSUF , MR . MUSTAFA MAJEED, MR NADEEM AKHTAR, Ms Naheed Shah Durrani, Principal Secretary to CM . Agha Jan Akhtar and others.
For more information, contact:
Mr. Allah Bachayo Memon
Chief Minister House
Tel: +9221 99202019
Cell: +92300-3524057 (Ext: 336)