Unisame seeks help for shifting of Karachi-based units

Attention: open in a new window. PDFPrintE-mail

KARACHI - The Union of Small and Medium Enterprises (Unisame) has approached the Small and Medium Enterprises Development Authority (Smeda) for help and made a study for investments in Lahore, Gujranwala and Sialkot regions for SMEs of Karachi who are unable to carry on their business satisfactorily due to poor law and order situation prevailing in many parts of the city and have decided to shift to Punjab for better prospects.

President Unisame Zulfikar Thaver said due to deteriorating law and order situation in Karachi the union requested its patron, Chaudhry Sameeullah the vice chairman of the Rice Exporters Association of Pakistan (REAP) to help the SME units of Karachi who have decided to shift to Punjab and guide them in selecting the correct location to set up their units in Punjab according to the nature of their work.

Sameeullah advised that in Lahore region, there exist huge prospects to invest in production based set ups on Multan Road which starts from Thokar Niaz Baig and goes right up to Multan.

He suggested that in Gujranwala region the GT Road between Lahore and Gujranwala owes huge potential for industrial sector due to availability of skilled staff for ceramics, agricultural, foods & textile facilities and is best for the medium sector as the land is expensive than that on Multan Road.

The union expressed hope and confidence in the business friendly leadership of Pakistan Muslim League Nawaz (PML-N) and the provincial government of PML-N in Punjab and urged the PML-N to facilitate the SMEs in setting up of coal gasification energy plants for generating electricity and abolishing import duty and sales tax on the import of alternate energy systems to make them affordable. The union also requested for the facility of leasing for alternate energy systems on concessional mark up. The union stated that the environment friendly modern coal gasification energy generation plants would help resolve the energy crisis in all the provinces and would boost the production in the country.

Courtesy: Nation

Forex open Market rates & comments Archive

Login Form