Call for New Industrial Zone in Hyderabad Amid Economic Threat

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced alarm over Hyderabad's lack of new industrial zones beyond the dilapidated 74-year-old SITE area, despite surging population. Executive Committee member Adeel Siddiqui highlighted decaying infrastructure, prohibitively expensive land in the old SITE, and the discouragement of new investment. FPCCI demands new, affordable industrial zones to attract fresh capital and create jobs, warning that current neglect poses an existential threat to the city's economy. This structural economic concern could contribute to broader investor sentiment regarding Pakistan's long-term growth prospects, indirectly influencing the PKR's stability.

بحوالہ / Source: www.dawn.com