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Today's Paper | November 28, 2024

Published 01 Jun, 2004 12:00am

HYDERABAD: Budget for Site development prepared

HYDERABAD, May 31: The managing director, Site Limited, has said that an interim budget has been prepared for development of the industrial area.

The Site official, Gul Mohammad Rind, said this during his meeting with office-bearers of the HCCI at the chamber's secretariat here the other day.

He asked industrialists to finalize their proposals so that the same could be sent to the Sindh government for approval. Representatives of the chamber suggested at the meeting that a working committee should be appointed to supervise development works in the industrial area of Hyderabad.

They complained that cattle pens had been set up at industrial plots in the Site area. They demanded that allotment of such plots should be cancelled and the plots be allotted to industrialists.

The Site managing director instructed estate engineers to cancel the allotments of the plots and allot the same to genuine entrepreneurs on recommendation of the chamber.

It was brought to the notice of Mr Rind that the transfer fee of plots in the Hyderabad industrial area was excessive when compared to the fee in other industrial estates. Mr Rind gave an assurance that the transfer fee of plots in the Hyderabad Site would be brought at par with other industrial areas.

HCCI: The Hyderabad Chamber of Commerce and Industry has lashed out at contractors of taluka councils for violating the tax schedule in respect of trade license fees, fees on signboards and hoarding and sanitation tax.

In a statement issued here on Thursday, HCCI president Emad Siddiqui and senior vice-president Najamuddin Qureshi said that the irony was that the contractors even do not know the difference between advertisement boards and hoarding and were violating the tax schedule while recovering fees. They regretted that the taluka councils which had awarded the contracts had taken no action in the matter.

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