TURKISH BUSINESSMEN APPRECIATES INITIATIVES TAKEN BY SINDH GOVERNMENT FOR PROMOTION OF TRADE OF MUTUAL BENEFIT; SAYS CONSUL GENERAL OF TURKEY H.E MR. MURAT MUSTAFA ONART
Karachi, September 30: This was stated by Consul General of Turkey in a meeting convened in SBI to discuss roadmap for the Exchange of Investment Delegation between Republic of Turkey and Government of Sindh under the chairmanship of Minister Finance, Government of Sindh.
An investment delegation headed by the Honorable Chief Minister Sindh and accompanied by level Government officials and leading Businessmen representing different sectors of economy are proposed to visit Republic of Turkey tentatively from 15-20th November 2012. The delegation is expected to organize an investment conference in Istanbul/Ankara followed by G2B and B2B meetings with public and private sector participants of the delegation.
Highlighting the traditional, strong, time tested and deep rooted ties between the two countries, Minister Finance GoS Mr Murad Ali Shah extended heartiest gratitude on behalf of Sindh Government to Turkish Government for the help and support extended during the hours of need especially in the recent catastrophic floods in north and southern parts of country.
Discussing the salient features of the visit Chairman SBI explained that Delegation will show case the unparalleled investment opportunities of Sindh Province and will present projects, which are necessary for uplifting the socio-economic condition of province. Main focus will be on the Infrastructure, Energy, Agriculture and Agro processing Projects. Idea of signing sister city agreement between Sindh and Turkey was also deliberated in detail. Mr. Motiwala further explained that Turkey has excelled tremendously in the sectors of Education, Tourism, Agribusiness value addition, Alternate Energy, Coal & Mining Sector & Waste Management and in the proposed visit SBI will try to attract Foreign direct Investment from public as well as private sector of Turkey in the fields of mutual interests. The delegates are expected to meet the identical sector specialist in Turkey to discuss and promote quantum of trade between the two countries. Participants were informed that few Turkish companies like FIBA Group (FINA Energy), Zorlu Energy have already invested in the Wind Power Project in Sindh.
The Consul General of Turkey in Karachi, H.E Mr. Murat Mustafa Onart said Turkish Government is looking forward to be a part of Projects in Sindh and there is a huge investment potential which is immensely needed to be highlighted before the Turkish investors during the Investment delegation visit. He assured that all business association and chambers will be approached for full participation in the roadshow and conference. H.E Mr.Onrat assured all out support to the Minister on behalf of Turkish Government for making visit fruitful for both countries.
NO ONE IS MORE SINCERE TO SINDH THAN PPP – JAM MEHTAB
Karachi, September 30: Provincial Minister for Revenue, Jam Mehtab Hussain Dahar has said that all measures are being taken to drain out rain water from rain affected areas and there is no interruption in relief work. News regarding interruption in relief work are baseless. This he said while talking to media men visiting and monitoring relief work here in Obaro and its adjacent areas.
On this occasion also distributed food items, pure drinking water, medicines, and other stuffs among rain-hit p[people. He said that Pakistan Peoples Party was the most popular political party and those who talked that its graph among the masses had decreased, were misleading the masses.
Provincial Minister said, ‘Due to political reconciliation policy of President Asif Ali Zardari democratic institutions have become strong and the country is on the path of the progress.
He said that nationalists were making hue and cry for nothing. PPP could never compromise on the rights of Sindh. PPP was sincere to the people of Sindh. No one was more loyal to Sindh than us. Jam Mehtab added Law and order is first priority of the government. Prosperity and democracy go together. PML (N) is not sincere to Sindh even it is unable to solve the problems of the people of Punjab.
400 HUNDRED KG CHARAS RECOVERED, ACCUSED ARRESTED, STRUGGLE AGAINST DRUGS TO BE CONTINUED – MUKESH KUMAR CHAWLA
Karachi September 30: On special directives of Minister for Excise & Taxation Mukesh Kumar Chawla intelligence wing was trying to arrest criminals involved in trafficking of drugs. According to details Divisional Intelligence Officer Kaleem ullah Wasan received information about trafficking huge quantity of charas to Karachi, on receiving information he made team under supervision of Suleman Jatoi AETO, succeeded to detect a huge quantity of charas 400 hundred kilograms from a gas bouser (tanker) at the Super Highway near Kathore Malir, driver named Gaman s/o Pathan Khan was arrested at the spot, FIR No. 21/2012 lodge against accused Gaman s/o Pathan Khan, further investigation is underway. On this big achievement Minister for Excise & Taxation appreciated the efficiency of the intelligent Wing and has expressed his commitment that he would continue his struggle against drugs.
RELIEF WORK IN FULL SWING DESPITE LIMITED RESOURCES – MUKESH KUMAR CHAWLA
Karachi September 30: Provincial Minister for Excise & Taxation Mukesh Kumar Chawla has said that government is helping out rain affected people despite limited resources relief work is in progress. This he said while talking to media visiting rain hit areas of Kashmore here on today. On this occasion Provincial Minister for Excise & Taxation also distributed relief goods including food stuff, pure drinking water, medicines and other stuffs among rain affected people. He said that opposition was doing nothing to provide relief to rain hit people, on the other hand they were just issuing statements while Pakistan Peoples Party was serving masses in true sense. Opposition was afraid of Pakistan Peoples Party’s Government and services and criticizing PPP for nothing.
Mukesh Kumar Chawla said, ‘Present Government has committed to safeguard the rights of minorities given in Pakistan Constitution. Worship places of minorities are protected.’ He added that the role of minorities in progress of Pakistan was undeniable and these minorities working with majority were playing their due role in the development of Pakistan. While appreciating the measures of government taken for safeguarding the rights of minorities he requested the members of minority communities not to heed towards rumours and trust in government fully because it was working for their welfare.
TUWAIRQI STEEL MILLS FIRST SHIPMENT OF DRI GRADE OXIDE PELLETS ARRIVES PAKISTAN
Karachi September 30: Chairman Sindh Board of Investment, Mohammad Zubair Motiwala said “The arrival of Tuwairqi Steel Mills’ first shipment puts faith and strong belief in the project that will greatly help in augmenting the efforts towards completion of the DRI project this year.”
Tuwairqi Steel Mills first shipment of the capacity of 40,000 tons of DRI Grade Oxide Pellets having iron ore content of 67% arrives at Port Qasim, Karachi. The arrival of oxide pellets marks a major milestone in the successful completion and operation of TSML’s DRI Plant. The raw material has been imported from Sohar, Oman and selected to optimize productivity, energy consumption and overall economics of the Plant; the first private sector integrated steel manufacturing complex in Karachi, Pakistan.
Reflecting on this momentous occasion, Zaigham Adil Rizvi, Director Projects said, “The successful arrival of first ship of DRI Grade Oxide Pellets in Pakistan is the reward for the dedication and hard work shown by TSML family. It’s a huge milestone in TSML journey, the journey built on hope, faith, and perseverance as we strive to achieve our goal of a successful and respected company that not only works for the betterment of itself, but also the betterment of Pakistan. I congratulate the entire team on this success; their toil has indeed paid off today and will eventually mark glory. INSHAALLAH”
Dr. Parwaiz Khan, Head of Logistics added,”The DRI Grade oxide pellets imported from Oman have been mined in Brazil. The ore has been beneficiated and palletized in Sohar and is eventually made most suitable for the DRI reduction process. It has been selected keeping in consideration the chemical and physical characteristics, reduction properties and overall economics of the DRI Plant.”
Subsequent to commercial operation of the DRI project, TSML shall focus on upstream and downstream production processes, involving Long/Flat Products Project and Iron Ore Beneficiation & Palletization Project. The DRI plant technology has been sourced from the Midrex Technologies Inc., a subsidiary of KOBE Steel of Japan.
Tuwairqi Steel Mills Limited (TSML) is a subsidiary of Al-Ittefaq Steel Products Company, a group company of Al-Tuwairqi Holding of the Kingdom of Saudi Arabia, one of the leading business concerns and the second fastest growing group in the Kingdom of Saudi Arabia. POSCO, the world’s 3rd largest steel maker by market value, and Asia’s most profitable steel maker is a Joint Venture partner of Al-Tuwairqi, in TSML.
Senior Executive Vice President, Rafiq Bengali of National Bank of Pakistan also graced the occasion with his presence.
SINDH ASSEMBLY MEET ON 1ST OCTOBER
Karachi, September 30: The Governor of Sindh has summoned the Provincial Assembly of Sindh to meet on Monday the 1st October, 2012 at 10.00 a.m. at the Sindh Assembly Building, Karachi.