KARACHI : Sindh Enterprise Development Fund (SEDF) will go a long way introducing value addition technologies in the rural economy, said Muhammad Zubair Motiwala, Chairman Sindh Board of Investment.Chairing a board meeting of SEDF, he said it was a bold initiative of Sindh government that would also enhance the income of farmers and create new job opportunities in the rural areas. Motiwala said it was only Sindh Government that had introduced subsidy on finances meant for the processing plants for agriculture products, fisheries and livestock including poultry. The projects that intend to put up value addition as agro-processing, fruit processing, livestock and dairy processing are offered financial subsidy through SEDF.It has also made the financing almost interest free for 35 years, said Chairman, Sindh Board of Investment. The Board approved seven different projects for subsidized financing that included (i)Tomato Paste and Fruit Pulping Plant.Gadap Town,(ii) Al-Saeedi Cold Storage, Ghotki, (iii) Reliance International Commodities Exports (Rice), Larkana, (iv) MFY Poultry Farm, Gadap Town,(v) ECH Poultry Farm Hyderabad, (vi)ECH Poultry Farm Tando Allahyar and (vii) Dairy farm Extension by Dairy Land Dhabeji.F.P.Report.
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