KARACHI: Korangi Association of Trade and Industry (KATI) President Masood Naqi has urged the Sindh government to include industrial infrastructure projects in development plans.
KATI President Masood Naqi, in a statement here on Thursday, said the industrial areas of Karachi faced severe infrastructure problems and lacked basic facilities despite assurance by Sindh Chief Minister Murad Ali Shah.
He said that the development projects in industrial areas should be included in allocated funds for development in the budget for the fiscal year 2017-18.
He noted, the industrial sector based in Karachi, was the main contributor to the national exchequer besides, being the largest employment provider.
But, he alleged, this sector was not given attention while making the budget.
“Many basic infrastructural issues stand unresolved for decades,” he maintained, adding that however, there was a hope that current provincial government would provide the due share to the industry in development projects.
He also pointed out that the Sindh government largely relied on services tax for revenue, which would result in higher prices of the services relating to industries and could affect directly the industry, which was already burdened with the higher cost of production.
The KATI president urged the government to reduce the services tax.