Japanese interest: Sindh approves land allotment

Shah asked the Japanese delegation to prepare a time frame for the establishment of their industrial units.


Our Correspondent August 07, 2014

KARACHI:


The Sindh government has agreed to provide 250 acres of land to the Japanese group of investment DTS at the Japan Special Economic Zone near Dhabeji district, Thatta.


The move is aimed to establishing information technology- and engineering-related manufacturing industries with an expected investment of up to $300 million and could generate 10,000 job opportunities within two years.


This was decided at a meeting held between Sindh Chief Minister Qaim Ali Shah and the Japanese delegation, led by Dr Hironao Takahashi, chairman of DTS Group and honorary investment counselor, Board of Investment Pakistan.


Speaking on the occasion, the chief minister said that the Sindh government has established the Japan Special Economic Zone with 2,000 acres of land at Dhabeji to facilitate the Japanese investors.


He said that all incentives, necessary facilities and administrative support would be provided to Japanese investors.


However, Shah asked the delegates to prepare a time frame for the establishment of their industrial units and try to complete it within two years. He also directed the officers concerned to resolve the issues pertaining to the allotment, and clear possession of land in-question quickly.


Published in The Express Tribune, August 8th, 2014.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ