KARACHI: Sindh Commerce and Industry Minister Muhammad Rauf Siddiqui has ordered suspension of any further inspection of industries until the government proposes a new policy in that regard.

Talking to industrialists at the office of SITE Association of Industry on Wednesday, he said industrial zones all over the world enjoyed basic facilities “but we are not providing such facilities to our industrialists. Though we have funds for development, we fail to set priorities to make the most of them.

“We can solve our problems with the guidelines of industrialists as we know that these challenges will make us stronger in moving forward and achieving new goals.”

SITE Association Patron-in-Chief Siraj Kassam Teli said the minister’s efforts to facilitate industrialists should be seen in practical terms so that new industries could come up with the help of a new complaint centre.

The minister replied that industrialists would find all necessary facilities that were required for setting up a new factory at the new complaint centre at SITE, which would cater to all the needs and demands of industrialists.

SITE Association of Industry Chairman Nisar Shekhani said the government’s decision to raise minimum salary to Rs6,000 “is right and we would comply with it but the contribution to Employees Old-age Benefit Institution (EOBI) and Sindh Employees Social Security Institute (SESSI) funds should be capped at the current levels.”

Renowned industrialist Zubair Motiwala urged the minister to look into the decreasing rate of return on capital and demanded the government cut 35 per cent L/C margin for raw material import by the industry.

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