Sindh Chief Minister Syed Qaim Ali Shah, presided over the third meeting of Sindh Board of Investment (SBI) at CM House here, said an official statement on Friday. Speaking on the occasion, the Chief Minister stressed the need to project the incentives and facilities to intending investors in a befitting manner so as to attract maximum investors to invest in various projects in Sindh province.
He said that there was a vast scope of investment in various sectors particularly in coal mining, power generation, wind energy, trade development and Halal marketing etc. He urged the SBI members to play their due role for enhancement of investment atmosphere in the province. Regarding the subject of electricity, the Chief Minister Sindh said that electricity was not a federal subject and it was now under the purview of Council of Common Interest (CCI) after the passage of 18th Amendment.
He informed that the tariff would be got approved from CCI and further said that the CCI was the best forum to plead, present and approach the case. It was also decided to form various committees headed by members of the Board.
The meeting was informed that a Seminar/ Exhibition 2011 on Livestock, Dairy, Fisheries and Poultry would be held on February 7 and 8 at Karachi Expo Centre. Earlier, Sindh Secretary Investment Muhammad Younus Dhaga, in his presentation, said that Sindh Board of Investment has to work on new avenues for power generation and agro-processing.