Sep 23 - 29, 2002










Most of the industrial units in Sindh have installed their captive power plants and pulled back their connections from the Wapda's grid system, industry sources said.


The sources said that over 90 per cent of industrial units in Kotri have installed their own power plants to ensure uninterrupted power supply.

Whereas industries in Hyderabad have totally gone out of Wapda's grid system and have installed their own captive power plants.

In Nooriabad about 30 industries have got gas connections for their units. The power generated by captive power plants is not only cheaper than the power supplied by utility companies but one could ensure its continuous flow to keep the industry running.

There is a boom in industrial activity in Nooriabad, which can be gauged from the fact that not a single industrial plot there is presently available for sale.

The power supplied by utility company was not only costly but it also resulted in heavy losses to the industry, the chairman All Pakistan Textile Mills Association (Sindh-Balochistan Zone) Mushtaq Ahmed Vohra told.

He said the frequent shut-down in power supply to the industry from utility companies does not only result in loss of working hours but also badly effects the quality of products.

Vohra said many industrial units had to withdraw their products from export market because they could not maintain their quality of products as sought by buyers in the world market.

However, he asked the WAPDA authorities to let the people know that where this surrendered power by the industry has gone. There is hardly any change and the load-shedding is still going on.


Commerce Minister Abdul Razak Dawood has said that provinces must play their role in attracting investment and putting the country on industrial high roads.

He was presiding over a review meeting of Provincial Committees on Investment (PCOI) in the office of Board of Investment (BoI), on Thursday.

He stressed the need for making all endeavours for increasing investment and industrialization as without these steps the country will not bear fruit till the provinces are made the launching pad for this activity.

The meeting took stock of various matters relating to establishment of Export Processing Zones (EPZ)/Industrial Estates in various cities, privatization of provincial assets, functioning of rail/road transport and introducing the culture of cluster parks.

LSM GREW BY 4.34PC IN 2001-02

The Large Scale Manufacturing (LSM) has registered a growth of 4.34 per cent in its production during the financial year 2001-02 against 2000-01. According to the revised figures of Federal Bureau of Statistics (FBS), released, the production of around 16 items showed growth in 2001-02. LCV by 21.91 per cent; flakes & detergents by 20.93 per cent; trucks by 19.85 per cent; petroleum products by 14 per cent; cotton cloth by 13.35 per cent; motor cycles by 13.13 per cent; storage batteries by 10.31 per cent; sugar by 9.5 per cent; toilet soaps by 7.19 per cent; nitrogenous fert by 4.55 per cent; cotton yarn by 4.24 per cent; caustic soda by 3.85 per cent; paper & board by 3.13 per cent; motor tyres by 3.05 per cent; jeeps & cars by 2.85 per cent; cement by 2.70 per cent; phos. fertilizers by 51.90 per cent; tractors by 25.26 per cent; glass plates & sheets by 20.50 per cent; buses by 17.80 per cent; paints & varnishes by (L) by 17.65 per cent; C.R.Coll/plate/ sheets by 14.59 per cent; H.R Sheets/stripe by 13.39 per cent; jute goods by 8.66 per cent; cosmetic by 5.56 per cent; paints & varnishes (S) by 5.32 per cent; cigarettes by 5.05 per cent; coke by 3.16 per cent; pig iron by 2.65 per cent; beverages by 1.96 per cent and soda ash by 1.23 per cent, respectively.


The Islamic Development Bank (IDB) is likely to help Pakistan in vaccines production with a financial assistance of $12 to 15 million. This was stated by the executive director of National Institute of Health (NIH) , Dr Athar Saeed Dil, while speaking at a two-day workshop to create awareness among people about rabies, on Tuesday.

The workshop was inaugurated by the health minister, Dr Abdul Malik Kasi.


Polyron Limited the troubled polyester filament yarn producing company announced that the company had suspended production "temporarily" and laid off "such number of workers", as were not immediately in demand.

The company cited "huge accumulation of finished stocks" as the reason for bringing production to a grinding halt, and added that plant would restart just as soon as the stock reached "a manageable level".


The federal commerce and industries minister Abdul Razak Dawood on Wednesday urged the people to get rid of "made in Pakistan" obsession, and said that everything could not be produced in Pakistan.

"We can produce certain parts and equipments and would have to import others for assembling television sets or other goods," the minister said at the National Bank of Pakistan.


A virtual university has been set up to promote computer courses Pakistan has long been eager to develop an information technology industry, much like neighbouring India has done.

Rising costs in developed countries have significantly increased software development outsourcing in recent years, enabling other countries, especially those in Asia, to tap into the offshore market.

So far Pakistan has not been able to secure any significant share of the global software business.

But Pakistan's Information Minister, Nisar Memon, told the BBC's World Business Report building up the sector has been one of the government's priorities and progress is now being made.