Cradle of Indus civilization has emerged as Economic Hub of Pakistan: Motiwala
Karachi, December 04, 2012 (PPI-OT): Muhammad Zubair Motiwala, Chairman Sindh Board of Investment has said that Sindh – the cradle of Indus civilization has emerged as the economic hub of Pakistan. Cities of Sindh have remained prominent centers of trade and industry in the region throughout the history. With such glorious past, its thriving industrial base, natural resources, well developed infrastructure, competitive human resource, two major ports, sophisticated communication network, modern financial and services sector and investor friendly policies of the government, provide the most promising destination for business and investment. This he said while holding a meeting with local and international investor at his office in Karachi.
He informed that Sindh’s coastline of approximately 350 km with thick mangrove forests is a very productive resource. 48% of fish export from Pakistan is from Sindh. Moreover, 71% of marine fish resources, 65% of fresh fish resources, and 100% of brackish water fish resources are located in Sindh. In the context of livestock, 28% buffaloes, 27% cattle, 24% sheep, 28% camels and 40% poultry in Pakistan are found in Sindh. The livestock and poultry headcount of 40 mn (approx) provides a strong base for dairy and meat processing industry for local and export purposes.
Muhammad Zubair Motiwala further informed that Sindh is a rich province in natural resources. Around 60% of the country’s oil fields and 44% gas fields are located here and contributes 56% oil and 55% of Pakistan’s daily gas production. It has one of the largest coal reserves in the world (185 bn tones) a huge potential for renewable energy with 60 km wide and 180 km deep wind corridor.
For more information, contact:
Information and Archives Department
Directorate of Press Information
Government of Sindh
95-Sindh Secretariat 4-B, Karachi
Tel: +9221 9920 4423