KARACHI: Sindh Board of Investment (SBI) has become an attached department of Finance Department and its previous projects will continue uninterrupted.
This was stated by Naveed Kamran Baloch, Secretary Finance, Government of Sindh while clarifying the ambiguities about the alleged disbandment of SBI here Thursday.
He further explained that Sindh Board of Investment and Sindh Enterprises Development Fund as constituted by the Government of Sindh shall keep on working under their defined mandates.
SBI was upgraded and given the status of Investment Department in April 2010, which has now been de-notified. However, the SBI, which was constituted in March 2009 stands functional and all the projects/initiatives undertaken by the SBI shall be implemented in letter and spirit.
Under the guidance of Chairman SBI, Muhammad Zubair Motiwala and outgoing Secretary Investment Ms. Naheed S Durrani, SBI has taken many initiatives to trigger socio-economic uplift of the province at grassroots level.
Comments
Comments are closed.