Sar­godha Dry Port planned to en­hance fruits ex­ports

Pakistan Observer - - ECONOMY WATCH -

Cur­rency Sell­ing Buy­ing

MIAN AR­SHAD ISLAMABAD—Board of Ad­min­is­tra­tors of the Ex­port De­vel­op­ment Fund, Thurs­day, de­cided that Min­istry of Com­merce will fund the es­tab­lish­ment of dry port at Sar­godha to fa­cil­i­tate the ex­port of fruits and min­er­als pro­duced in the re­gion di­rectly to other coun­tries. This was de­cided in the meet­ing of the Board of Ad­min­is­tra­tors of the Ex­port De­vel­op­ment Fund (EDF) here. EDF board au­tho­rized to con­duct a busi­ness and tech­ni­cal fea­si­bil­ity study of the pro­posed dry port for de­tailed de­sign­ing and cost es­ti­ma­tion of the dry port project from a well-re­puted con­sul­tant.

The de­tails pre­sented in the Board meet­ing stated that cit­rus was ma­jor ex­portable item of the re­gion and there are about 250 kin­now pro­cess­ing units op­er­at­ing in the re­gion. All the ex­port con­sign­ments of the re­gion have to be cleared at Karachi due to the un­avail­abil­ity of the dry port in the area. The con­struc­tion of dry port will greatly fa­cil­i­tate the ex­port process as all the con­sign­ments will be cleared and sealed at the dry port and dis­patched to the des­ti­na­tion coun­try with­out hav­ing to bother for clear­ance at the sea-port. This will pro­vide great con­ve­nience to the ex­porters, save con­sid­er­able amount of time and en­cour­age the ex­porters to ex­port more.

The dry port will also fa­cil­i­tate the ex­porters of min­er­als such as gyp­sum, rock salt and iron ore which are found in the ad­join­ing area. This will also bring ex­tra pre­mium to the ar­ti­sans as­so­ci­ated with the cot­tage in­dus­try of wooden hand­i­crafts which are ex­ported to China, Malaysia and Italy. SMEs to stay away from ex­port­ing their prod­ucts are due to the cum­ber­some pro­ce­dures in­volved in the ex­port­ing. The dry port will pro­vide them all the clear­ance fa­cil­i­ties at their door step thus re­sult­ing in an at­trac­tive in­cen­tive to ex­port their prod­ucts.

The Board ap­proved the es­tab­lish­ment of a fruit pack­ag­ing and pro­cess­ing plant in Quetta. The plant will pro­vide mod­ern value-ad­di­tion fa­cil­i­ties, which would help thou­sands of fruit farm­ers of Balochis­tan to get ex­tra value of the pro­duce. This will help the farm­ers to ex­port their fruits to west­ern coun­tries. The Board also ap­proved a project for the ex­pan­sion of Ef­flu­ent Treat­ment Plant es­tab­lished in Ko­rangi, Karachi which pro­duces elec­tric­ity us­ing the bio gas pro­duced in the tan­ner­ies. Avail­abil­ity of bio-gas gen­er­a­tors save 70% of the en­ergy al­ready supplied through the grid. Tech­ni­cal ex­perts noted that this plant will cut the op­er­a­tional cost and re­duce the methane gas emis­sion in the air con­sid­er­ably.

ISLAMABAD: Fed­eral Min­is­ter for Fi­nance Sen­a­tor Ishaq Dar chair­ing a meet­ing to re­view lat­est po­si­tion of rev­enue col­lec­tion and bud­get re­lated pro­pos­als of FBR.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.