KARACHI: Sindh government is offering tax holiday for the investment in the interior parts of the province, said Chief Minister Syed Qaim Ali Shah on Thursday.
Talking to the Ambassador of Republic South Korea, Song Jong-hwan, who called on him this evening, he said rural areas of the province hold good potential for investment in different sectors.
Syed Qaim Ali Shah said it was for the first time that PPP government has created economic zones in interior Sindh where tax holiday and other relevant incentives were being provided to investors.
He said that he had only recently inaugurated Khairpur Economic Zone aimed at development of remote areas as well as creation of job opportunities for the people.
The chief minister said that through internal and foreign investment the Sindh government intended to exploit all available resources for the betterment of the people.
He said that Sindh's economy is agro-based which is frequently registering surplus production of rice, wheat and cotton.
"Yet room for improvement still exists and we can raise per acre yield," he said.
Shah said Karachi also holds tremendous potential for investment and invited Korean traders / businessman to avail the opportunity.
Meanwhile, appreciative of investment made by Republic of South Korea, particularly in the context of infrastructure, he invited investors and concerned companies to be part of Public Private Partnership (PPP) mode of investment in the fields of energy, transportation and infrastructure development.
The Sindh Chief Minister said his government has initiated different transport related projects under the BRT and Inter City Transport to facilitate people.
The Chief Minister of Sindh also lauded the work quality of Hyd-Mirpurkhas road completed by a Korean company.
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