Provincial Government
Sindh

Investment Opportunities In Sindh
Nature has blessed Sindh Province with ideal climate suitable for growing a wide range of crops, and fruits and abundant of minerals and man-power resources. Government policies are conducive with the emphasis on promotional activities to facilitate the establishment of new industries and their smooth growth operation so as nature blessing are tapped and utilized to maximum.

Origin of The Name
The province of Sindh has been designated after the river Sindh (Indus) which literally created it and has been also its sole means of sustenance. However, the importance of the river and close phonetical resemblance in nomenclature would make one consider Sindhu as the probable origin of the name of Sindh. Later phonetical changes transformed Sindhu into Hindu in Pahlavi and into Hoddu in Hebrew. The Greeks (who conquered Sindh in 125 BC under the command of the Alexander the great) rendered it into Indos, hence modern Indus.

Culture And Literature
Sindh is a repository of varied cultural values and has remained the seat of civilization and meeting point of diverse cultures from times immemorial. After Independence on August 14, 1947 with the influx of Muslims from India, its culture has progressively assumed a new complexion. Sindh's cultural life has been shaped, to a large extent, by its comparative isolation in the past from the rest of the subcontinent. A long stretch of desert to its east and a mountainous terrain to the west served as barriers, while the Arabian Sea in the south and the Indus in the north prevented easy access. As a result, the people of Sindh developed their own exclusive artistic tradition. Their arts and craft, music and literature, games and sports have retained their original flavor. Sindh is rich in exquisite pottery, variegated glazed tiles, lacquer-work, leather and straw products, needlework, quilts, embroidery, hand print making and textile design. According to renowned European historian H.T. Sorelay, Sindhis had not only contributed to literature but also to astronomy, medicine, philosophy, dialectics and similar subjects.

Investment Policy And Incentives
The most recent Investment policy of is very liberal and opens new vistas to local as well as foreign investors for investment in service sector, social sector, agriculture sector and industrial sector so as to keep Pakistan competitive in international market and viable area of investment. Under the Investment Policy in force there is no requirement for obtaining no objection certificate from Federal and Provincial Govt. for setting up any industry in an field, place except at notified negative areas, and size excluding the four trades namely arms and ammunition, high explosives, radio active substance, security printing currency and mint and manufacturer of alcohol.
Investment Policy
The main objectives of the investment policy are as under:

bullet Self-reliance
bullet Development of value added export
bullet Development of skills to improve efficiency, productivity and quality.
bullet Encouragement of the high tech and labor oriented industries.
bullet Development of infrastructure facilities through establishment of planned industrial estates, areas and zones.
bullet Promotion of the dispersal investment at various locations.


Numerous incentives have been provided under Investment Policy to Investors in manufacturing sector. In the light of the above policy, Industries Department in Govt. of Sindh, has taken following steps for promotion of industrialization in Sindh Province and to attain above policy object by attracting more investment in the industrial sector: -

bullet Industrial Estates
bullet Institutional Set-Up
bullet Financing


A) Industrial Estates

bullet Industrial Estates
bullet Industrial Areas
bullet Special Industrial Zones/ Export Processing Zones
bullet National Industrial Zone

B) Institutional Setup For the promotion of the industrialization in the province to cater to the needs of the existing and new units and to resolve the impediments faced by the investors for setting up of the industries and its smooth operation Boards & Committees have been constituted at different level as under:

bullet Divisional Facility Board
bullet Provincial Industrial Facility Board
bullet Provincial Committee on Investment
bullet Investment Advisory Cell


C) Financing Loading is an important ingredient to promote industrialization. In this regard Government of Sindh in Industries Department through Sindh Small Industries Corporation has been launching different schemes to meet the financial requirement of small investors for establishing small industries in Province. Following schemes have been launched by Sindh Small Industries Corporation for the promotion of Small Industries in the Province:

bullet Supervised Credit Scheme
bullet Self–Employment Scheme


For queries related to investment and Business opportunities in Sindh please visit or contact Board of Investment's following Focal Person at Provincial Government Sindh:- Raja Muhammad Abbas
Secretary Industries Department
Government of Sindh, Karachi

Office: 021-9211551-938
Res: 021-9251617
(Fax: 081-9201903
For further information please visit
http://www.sindh.gov.pk
 
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