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Sindh Government to Facilitate Vanaspati Manufacturers with Full Support: Jam Ikram Dharejo.

PVMA Chairman Sheikh Umer Rehan Praises Sindh Govt Efforts for Ease of Doing Business, Bear Price Burden Despite Global Market Hikes.

News Desk by News Desk
November 1, 2024
Sindh Government to Facilitate Vanaspati Manufacturers with Full Support: Jam Ikram Dharejo.
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KARACHI: The Sindh government has committed to providing comprehensive support to Vanaspati
manufacturers, particularly those from Punjab, to establish industries in Karachi. Speaking at the general
body meeting of the Pakistan Vanaspati Manufacturers Association (PVMA), Sindh Minister for Industry
and Commerce, Jam Ikram Dharejo, emphasized the government’s efforts to foster industrial growth
through infrastructure development and improved utility services.
“The establishment of industrial zones has already been initiated, and ensuring security and a business-
friendly environment for industrialists is a top priority,” said Dharejo during the event. The PVMA
meeting saw the participation of several key industry figures, including Chairman PVMA Sheikh Umer
Rehan, Senior Vice Chairman Asjad Arif, Vice Chairman Khalid Islam, Masood Parvez, Basit Ikram, Mian
Naveed, Awais Karni, Hamid Ali Malik, Samin Jan, Kynat Raza, Hamid Waheed, Ahmed Ghulam Hussain
and other manufacturers from Punjab and Khyber Pakhtunkhwa.
Minister Dharejo praised Sheikh Umar Rehan for his leadership, noting that many of his proposals during
his tenure at the Korangi Association of Trade and Industry (KATI) had been implemented, benefiting the
business community. He assured attendees that the Sindh government is committed to resolving key
challenges, such as infrastructure development and water scarcity, on a priority basis to facilitate
industrial investment.
“The manufacturers from Punjab and KPK have shown significant interest in setting up industries in
Karachi, and we will ensure they receive the necessary support,” Dharejo added, emphasizing that the
government under Chief Minister Sindh is working towards creating a favorable business environment.
PVMA Chairman Sheikh Umer Rehan expressed gratitude to the Sindh minister for his participation and
highlighted the growing interest among manufacturers in investing in Karachi’s industrial zones. “Several
of our members have already established industries in Sindh, and with better infrastructure and
affordable utility facilities, we can further boost investment,” he said.
Rehan acknowledged the government’s efforts to manage the impact of global palm oil price hikes,
stressing that PVMA aims to minimize the burden on consumers. However, he urged the government to
reduce taxes and duties to enable the industry to provide edible oils and ghee at more affordable prices.
Rehan also announced PVMA’s intent to engage with the finance minister and the Federal Board of
Revenue (FBR) to ensure an uninterrupted supply of ghee and oil at reasonable prices. He emphasized
the need to streamline the supply chain and reduce production costs, suggesting that tax exemptions
granted to FATA/PATA regions should be reconsidered to avoid economic distortions.
“If global edible oil prices stabilize, we will be able to offer further relief to consumers,” Rehan assured,
adding that the PVMA will continue to set prices with the purchasing power of the public in mind.

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