Today the only way of survival is involvement of younger generation of Pakistan in domestic trade and business
KARACHI Oct 17 (TNS): Ms. Naheed Memon, Chairperson of Sindh Board of Investment, Government of Sindh has said that Pakistan is the consumer economy country, where numerous business opportunities are available in small business, trade and agriculture sector, which must be availed by people of the province.
Today the only way of survival is involvement of younger generation of Pakistan in domestic trade and business. She said this while delivering lecture on “Investment Opportunities in Sindh” at Sir Shahnawaz Bhutto of Sindh Madressatul Islam University (SMIU).
She said that today technological developments have changed business and have redesigned industries. This is why, we are living in a changed world, therefore, it is a question that how can a person capitalizes those opportunities, which are available locally, regionally and internationally for them. She said that Pakistan needs economical security and prosperity.
Ms. Naheed Memon said that Sindh Enterprise Development Fund (SEDF) encourages small businesses and trades in Sindh. In this respect the SEDF provides financial support to about 30 agro based businesses. “The persons who want to start their own business, they may contact to the SEDF, they will be provided full support,” she said and that about 60 percent fruit is wasted in Sindh due to poor knowledge of packing and storage system of it.
Talking about the China-Pakistan Economic Corridor (CPEC) Ms Naheed Memon said that this mega project will increase connectivity in the country and also resolve 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. Even there should be an amusement park in Hyderabad and other cities of Sindh,” she said and added that resorts will be set up at Keenjhar and Haleji Lakes soon.” She said that Sindh has remained a hub of international biasness and trade in the past due to its port.
Therefore CEPEC’s “One Belt One Road” would be a revival of Silk route that will connect Pakistan and China to the world market. She praised the role of Sindh Madressatul IslamUniversity for imparting quality education. She advised the young generation that they firstly invest in their selves through education and then adopt the profession whatsoever they want.
Dr Muhammad Ali Shaikh, Vice Chancellor of Sindh Madressatul Islam University in his speech said that there are best opportunities available in business and trade in the country, therefore young generation should not depend only on public or private jobs.
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 KPK), Punjab, Balochistan and Iran were coming over here.
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 Hassanally Effendi purchased the plot from Karachi Municipality for SMIU. Still today, SMIU is located in the commercial hub of the city.
Earlier Ms. Naheed Memon visited Jinnah Museum of SMIU and praised the historic things preserved in it.