KARACHI:Sindh Board of investment (SBI) and National Logistics Cell (NLC) have signed a Memorandum of Understanding (MoU) here on Tuesday in SBI office Karachi to collaborate and promote the setting up of a Logistics Park within the proposed China Pakistan Special Economic zone, Dhabeji-Thatta.
The MoU was signed by Director General NLC Major General Mushtaq Ahmed Faisal and Chairperson SBI MsNaheedMemon. Both sides will actively carry out the engagements for establishment of the Logistics Park in accordance with the Master Plan and feasibility study of the China Pakistan Special Economic Zone Dhabeji.
According to the agreement, SBI would promote and extend possible facilitation to NLC for its role as Logistics Park Management Organization in Dhabeji Special Economic Zone in collaboration/partnership with 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.
Naheed said that CPEC had opened the doors of accelerated economic activity in Pakistan, and logistics was an essential and a big part of the economic activity. She said that through this MoU, the wheel towards development, economic activity and prosperity would certainly run faster in the province. Director General NLC Major General Mushtaq Ahmed Faisal while addressing the event said that Special Economic Zones take important role in the industrial development and are our assets.
Renowned Industrialist ArifHabib and Chairman TCS (Pvt) limited Khalid Nawaz Awan also addressed the gathering and gave their valuable suggestions.Besides other officers of NLC, Brigadier NasirMahmood, Brigadier AbrarMehboob, Brigadier TauqeerAfsar,Brigadier (retd) ShabbirHussain, Colonel Amir Khan were also present in the meeting.