ISLAMABAD: Minister for Ports and Shipping Mir Hasil Khan Bizenjo said Tuesday waiving of taxes on registration of ships would boost shipping business in the country.
Speaking at a meeting of the National Assembly Standing Committee on Ports and Shipping held with Syed Ghulam Mustafa Shah in the chair said the shipping line was facing difficulty in attracting ships because of 37 per cent to 38 per cent taxes levied upon the registration of ships.
But now, he added, these taxes had been waived off by the government following recommendation of the committee and efforts of the ministry and the measure would boost the shipping business in years to come.
The committee's members warmly welcomed the new minister Mir Hasil Khan Bizenjo in the meeting and assured him to extend help to the ministry in getting over different kind of obstacles and hurdles.
The minister said there were 13 proposed major schemes of ports and shipping which included construction of Mehran Highway Phase-III, provision of coal conveying system from Pakistan international Bulk Terminal(PIBT) to railway network at Port Qasim, upgradation and accreditation of quality control laboratories of MFD for environment contamination, establishment of regional offices and Testing laboratories of MFD at Gwadar, Balochistan, Establishment of Regional Offices of MFD at Peshawar, KPK.
Other proposed projects are purchase of full mission bridge and engine room simulators for PMA, have been approved and included in the current budget 2016-17. The committee unanimously recommended that the Economic Affairs Division EAD to pursue vigorously the funding for all projects related to China Pakistan Economic Corridor(CPEC), he added. The meeting was attended by MNAs including Haji Muhammad Akram Ansari, Ch. Hamid Hameed, Rana Muhammad Hayat Khan, Mehar Ishtiaq Ahmad, Seema Mohiuddin Jameeli, Shaheen Shafiq, Romina Khurshid Alam, Pir Muhammad Aslam Bodla, Khalil George, Lal Chand Malhi, Mohammad Salman Khan Baloch, Mohammad Jamal ud Din, Malik Muhammad Aamir Dogar, Kanwar Naveed Jameel, Secretary Ports and Shipping and other senior officers of the ministry.
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