SBI, NLC to establish ‘Logistics Park’ in CPEC zone at Dhabeji-Thatta

Karachi – Sindh Board of Investment (SBI) and National Logistics Cell (NLC) on Tuesday signed a Memorandum of Understanding (MoU) to collaborate and promote the setting up of a ‘Logistics Park’ under the proposed China Pakistan Economic Corridor (CPEC) Special Economic Zone at Dhabeji-Thatta.

The signing ceremony was held at Sindh Board of Investment (SBI) office here. The MoU was signed by Director General NLC Major General Mushtaq Ahmed Faisal and the Chairperson SBI Naheed Memon.

The agreement will be assigned both sides to actively carry out the engagements for the establishment of the Logistics Park, in accordance with the ‘Master Plan’ and feasibility study of the China Pakistan Special Economic Zone Dhabeji.

Under the agreement, the SBI would promote and extend possible facilitation to NLC for its role as Logistics Park Management Organization in Dhabeji Special Economic zone with the collaboration and partnership of foreign commercial enterprises and designated Chinese enterprises, having experience in establishment, operations and management of a world-class Special Economic Zone, of such nature, as per contemporary standards with the consent of SBI and zone developer.

On this occasion, Naheed Memon said that CPEC has opened the doors of accelerated economic activity in Pakistan, Logistics is an essential and a big part of the economic activity.

Through this MoU with NLC the wheel towards development, economic activity and prosperity will certainly run faster in the province, she added. Director General NLC Major General Mushtaq Ahmed Faisal while addressing the event said that Special Economic Zones takes an important role in the industrial development and was our assets.

On this occasion renowned Industrialist, Arif Habib and Chairman TCS (Pvt) Limited, Khalid Nawaz Awan also addressed the gathering and gave their valuable suggestions.

Besides other officers of NLC Brigadier Nasir Mahmood, Brigadier Abrar Mehboob, Brigadier Tauqeer Afsar, Brigadier (Retd) Shabbir Hussain, Colonel Amir Khan were also present in the meeting.

"Monitoring Desk"

RELATED POSTS

5
Six Pakistani entrepreneurs graduate from UNCTAD, Alibaba’s fellowship
China donates Rs6m more to families of martyred cops
Pakistan coming on track by enhanced export, trade volume with neighboring countries
China says it hopes US can show sincerity on trade
Pak-China air forces to conduct joint exercise
Pak, Kazakhstan strong bilateral trade ties improving day-by-day: Haroon Sharif
Sindh CM’s adviser lashes out at ex-CEO of Thar mining firm
Govt asked to rehabilitate infrastructure in Bara
PDWP approved 37 projects of energy & power sector cost Rs138473 MILLION
Power plants set up by Turkish companies: President Alvi faced embarrassment?
Pakistan, China yet to finalise Gwadar projects
China working with Pakistan to invite third-party companies to join CPEC
New major highway planned in Balochistan under CPEC
CPEC projects security reviewed, vigilance demanded
China needs to play important role to promote CPEC construction in new era

FOLLOW US


About Corridor.pk

Corridor.pk is Pakistan’s leading regional connectivity media & communication/outreach platform, dedicated to profiling and promoting the business activities, news and views on the regionally connected business corridor across OBOR. 

     

Addional Information

 Ethics Policy     Advertise
 Terms & Conditions
 Contact Us