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Sindh Board of Investment to Encourage Entrepreneurship in Sindh through a Focused Intervention: Zubair Motiwala

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Karachi, July 04, 2012 (PPI-OT): Muhammad Zubair Motiwala, Chairman Sindh Board of Investment (SBI) said that SBI has undertaken a programme to encourage entrepreneurship in Sindh in collaboration with leading business schools of Sindh. In phase-I, 300 candidates from across the province will be selected according to agreed criteria and would be given six (6) months training under Entrepreneurship Development Programme. Training would be conducted by Institute of Business Administration Karachi and Sukkur.

This he said during the contract-signing ceremony of Entrepreneurship Development Programme here today at SBI Office, Karachi. Director IBA Karachi, Dr. Isharat Hussain and Director IBA Sukkur, Nisar Siddiqui along with Chairman SBI Muhammad Zubair Motiwala and Secretary Investment Ms. Naheed S. Durrani were also present at the signing ceremony.

Muhammad Zubair Motiwala informed the audience about the project and said that it is a pilot project of 6 months duration and would be conducted by two institutions to cater to candidates from across Sindh. There would be two batches of 150 students each to be divided between the two business schools. Muhammad Zubair Motiwala said that special emphasis would be given on the practical aspects of entrepreneurship with a focus on business development and management.

Basic agriculture, management and technical know-how would also be taught in the course. Regarding eligibility criteria, he said that students of age of 20-45 years would be eligible but some preference would be given to agriculture graduates. Chairman SBI said that IBAs would conduct simple entry test prior to admission to ensure transparency and merit.

Elaborating about the objectives of the programme, Muhammad Zubair Motiwala said that present government is sensitive to the need of developing a culture of entrepreneurship in Sindh with focus on development of small and medium agribusinesses.

He further said that SBI desire to tap into the potential of the so-called “youth bulge” of the Sindh which like the rest of Pakistan constitute bulk of the population in order to turn them into asset rather than a liability.

Chairman SBI said that entrepreneurship development programme would also help in modernizing the agrarian economy of Sindh especially fisheries, livestock, dairy, horticulture and so on. He said that the course is customized for the specific socio-economic conditions of Sindh and hopefully it will help in business creation, greater investments in agriculture sector, and economic growth of Sindh.

For more information, Contact:
The Information Department
Block – 95 Sindh Secretariat 4B,
Opposite Sindh Assembly Building Karachi
Phone: +92-021-99204401, +92-021-99204423
Fax: +92-021-99202609, +92-021-99204417


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