Ahmed Khan Malik
The Nooriabad Industrial Zone of Sindh will receive substantial funds in the upcoming budget for infrastructure development, as the zone is facing immense problems that have hindered production.
“The government is solving the problems of industrialists on a priority basis and will allocate funds in the next budget to improve the industrial zone’s infrastructure. The area has a huge industrial potential because of its location,” Shahdi Sarhandi, Director Industries, told WealthPK.
Nooriabad is located between Karachi and Hyderabad, the two largest cities of Sindh.
“Funds will be allocated in the annual development program, which will be spent on improving the infrastructure of the industrial zone as well as activating the effluent treatment plant for safe disposal of the industrial waste. A dedicated work committee will be set up to oversee the infrastructure development work,” he said.
Talking to WealthPK, Nizam Memon, Member Executive Nooriabad Industrial Development Committee, said Nooriabad is a rapidly growing industrial area and home to a range of industries, including textile, chemicals, ceramics and food processing.
The area – an ideal location for businesses looking to expand their operations – is experiencing a rapid development and modernization, with the construction of new infrastructure such as roads, bridges and utility services.
He said investing in Nooriabad offers numerous benefits to investors as easy access to raw materials, a favorable business environment and lower labor costs make it an attractive option for businesses.
The area’s growing industries provide ample investment opportunities for entrepreneurs and investors, and the peaceful environment and low crime rate make it an ideal place to invest and work.
Memon said the industrial base is largely based in Karachi, but expensive land and high labour costs are not affordable for newcomers whereas Nooriabad offers bright prospects because of its proximity to the port city.
Credit: INP-WealthPk