Investment prospects discussed

Published September 17, 2006

KARACHI, Sept 16: UAE Consul General Suhail Matar Saeed Al-Ketbi on Saturday called on Sindh Chief Minister Dr Arbab Ghulam Rahim and discussed with him investment opportunities in the province.

During the meeting, the chief minister apprised the UAE consul general about investment potential in agro-based industries, the establishment of modern cold storages besides potential for value addition in fruits and vegetables for making juice, pulp, concentrates of mango, kinno, peach, banana, melon etc especially for exports to the Middle East.

The chief minister informed the diplomat about shortage of low cost houses and said one million houses are needed immediately.

He assured full support of the Sindh government if any investor comes forward and shows interest in this sector.

He also referred to potential in tourism industry and cited old civilization of Moenjodaro, Gorakh Hill, development of 75 km costal belt with construction of sea resorts at Hawkesbay and Sandspit etc, besides Thar desert safari which, he said, can attract the interest of the potential investors.—APP

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