SBI Chairperson urges for capturing business opportunities in Sindh

KARACHI:Chairperson, Sindh Board of Investment, Naheed Memon on Monday said Pakistan is the consumer economy country, where numerous opportunities small businesses are available in addition to agriculture sector, which must be availed by the people

of the province.

Today, the only way of survival is involvement of younger generation of Pakistan in domestic business, she said while delivering lecture on “ Investment Opportunities in Sindh “ at Sindh Madressatul Islam University here, says a press release.

She said, the technological developments had changed business and had redesigned industries. Now, the question is, how could a person capitalize those opportunities, which were available locally, regionally and internationally for them.

She said that Pakistan needed economical security and prosperity. Memon said Sindh Enterprise Development Fund (SEDF) encouraged small businesses and trades in Sindh. SEDF provided financial support to about 30 agriculture based businesses.

“ The persons who want to start their own business may contact to the SEDF. They will be provided full support,” she said.

Naheed said about sixty percent fruit perished and wasted in Sindh due to poor knowledge of packing and storage system of it.

Talking about the China-Pakistan Economic Corridor (CPEC) SBI Chief said this mega project would increase connectivity in the country and also to resolve the problems of energy, roads, highways and transportation.

There are no five star even four star hotels in other cities of Sindh including Hyderabad, Sukkur and Larkana. There also should be an amusement park in Hyderabad and other cities of Sindh. Resorts would be set up at Keenjhar and Haleji lakes soon, she said.

She said that Sindh had remained a hub of international trade in the past due to its sea-ports.

One Belt One Road would be the revival of Silk route that would connect Pakistan and China to the world market, she said.

SBI Chairperson praised the role of Sindh Madressatul Islam University for imparting quality education.

Vice Chancellor of Sindh Madressatul Islam University Dr. Mohammad Ali Shaikh said there were the best opportunities available in business in the country. Therefore, young generation should not depend only on public or private jobs, she said.

Tracing the history of Sindh Madressatul Islam University, he said before establishment of SMI on the plot, where it exists today, this place was serving as a Qafila Seria, where caravans of traders from Afghanistan, NWFP (present day Khyber Pakhtoonkhwa), Punjab, Balochistan and Iran used to stay.

After advent of railway line from Karachi to Kotri in initial years of British rule, the importance of Qafila Seria came to an end

and then Khan Bahadur Hassan Ali Effendi purchased the plot from Karachi Municipality for SMIU. Till today, SMIU is located in the

commercial hub of the city.

Earlier, Naheed Memon visited Jinnah Museum of SMIU and praised the historic things preserved in it.