Sindh’s SEZMC commences operations

It will manage existing SEZs as well as develop new SEZ under the Industrial Cooperation phase of CPEC in Sindh

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KARACHI: The first Board meeting of Sindh Economic Zones Management Company (SEZMC) was held in Karachi to kick off the company’s operations in Sindh.

The Government of Sindh has created Sindh Economic Zones Management Company (SEZMC) to better manage, coordinate and facilitate Special Economic Zones (SEZs) in the province, said a statement on Friday.

Under the overarching objective of attracting investment, SEZMC will promote interaction between local, foreign investors and relevant stakeholders to ensure a conducive business environment.

It will manage existing SEZs as well as develop new SEZ under the Industrial Cooperation phase of CPEC in Sindh.

Finally, the company will function as a one-window solution for developers, zone enterprises and investors under the SEZ framework.

The Board Members deliberated and decided upon different agenda items related to the operations of the company.

The board also approved company sub-committees for approval appraisal, audit, Human Resource, procurement and nomination.

The company board includes government officials as well as businessmen from the private sector.

The board members are Ms Naheed Memon, Chairperson, SBI & SEZMC, Shamsuddin Soomro, Secretary, Industries & Commerce Department, Government of Sindh, Ahmed Jalal, CEO AMAN Foundation, Engr. M.A Jabbar, CEO Qaim Automotive Manufacturing (Pvt.) Limited, Dr Shirin Mustafa, Secretary, Planning & Development Department, Govt of Sindh, Muffassar Malik, President, Karachi Chamber of Commerce & Industries and Abdul Azeem Uqaili, Chief Executive Officer, SEZMC.