Karachi, Pakistan’s bustling business hub, is grappling with a range of problems, according to Sindh’s Interim Revenue and Industries Minister, Younus Dagha. He described the city as “ownerless” due to various issues, such as water shortages and labor challenges. To address these concerns, Dagha offered 15,000 acres of land near the Pakistan Steel Mill for Small and Medium-Sized Enterprises (SMEs) development, aiming to boost industrial activities. The Special Investment Facilitation Council (SIFC) is also considering establishing a special export processing zone in the area.
Dagha shared these plans during a visit to the Federal B Area Association of Trade and Industries, where he discussed solutions with industrialists from the Karachi Industrial Forum. He stressed the need for collaboration between key stakeholders, including industrialists, to improve infrastructure in various industrial zones.
Additionally, the government is considering rules to control land trading in new industrial estates and is exploring the formation of works and coordination committees to address infrastructure, water supply, sewage, and law enforcement issues. Labor law compliance, particularly for export-oriented units, is a priority, with potential changes to the Sindh Employees Social Security Institution (SESSI) and healthcare for workers.
Dagha also pledged to expedite the development of the K-IV water project to address water needs in the city. These initiatives aim to revitalize Karachi’s industries and improve the lives of its residents.