Call to complete under construction projects

June 22, 2015 Off By Web Desk

SIALKOT: In Sialkot, the construction work of grand project of Sialkot Business and Commerce Center (SBCC) had been lying suspended for more than two years due to funds paucity due to which Sialkot exporters and stake holders of this mega projects were much perturbed, seeking the federal government’s help in early issuance of the needed funds to complete this much delayed project for booming the Sialkot exports.

Sialkot Chamber of Commerce and Industry (SCCI) and the SMEDA had started this mega project of establishing an international standard Sialkot Business and Commerce Center (SBCC) on about four Kanlas of land adjacent to the grand building of Sialkot Chamber of Commerce and Industry (SCCI) along Sialkot city’ commercial hub Paris Road here in 2007 (eight years ago).

For providing the international standard trade and export related services to the Sialkot exporters to display their world class export items there at this SBCC at one place, besides, enabling the foreign customers to visit and see the Sialkot-Pakistan made world class export items at one place instead visiting factory to factory.

Sialkot Business and Commerce Centre is a joint initiative of Small and Medium Enterprises Development Authority (SMEDA) and Sialkot Chamber of Commerce and Industry (SCCI).

The then Federal Minister for Industries Jehangir Khan Tareen had laid the foundation stone of this project on July 10, 2007 (about eight years ago). The project had to be completed in a stipulated period of next two years in 2009.

Early release of the direly needed funds of Rs. 180 million had become vital to ensure the early completion of this project, in the larger interest of the Sialkot exporters and industrialists.

On May 10, 2014, Ch. Ehsan Iqbal (Federal Minister for Planning and Development) had visited Sialkot Chamber of Commerce and Industry (SCCI) here earlier. He had assured the early provision of the needed Rs.180 million funds, in this regard. But, after a year of Ch. Ehsan Iqbal’s visit to SCCI, the government has yet released Rs.40 million against the total demand.

Now, Rs. 140 million were still needed to restart this mega project’s suspended reconstruction of this building.

Sialkot’s all the main trade bodies including Sialkot Chamber of Commerce and Industry (SCCI) and Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) and Pakistan Gloves Manufacturers and Exporters Association (PGMEA) have urged the federal government to ensure the early release of the funds for completing the said project, in this regard.