Sindh Industrial and Trading Estate

Sindh Industrial and Trading Estate

Sindh Industrial Trading Estates (Guarantee) Limited aka "SITE Limited", is a Government guaranteed company established in November 1947 by Government of Sindh, on the pattern of the Trading Estates in the United Kingdom.

History

In order to promote industrialization and create attractive conditions for industrialists, Government of Sindh established "Sindh Industrial Trading Estates", in the year 1947. The object was to establish planned industrial areas where respective industrialists cold have all the facilities such as land, road, railway, water supply, electricity, gas telephone, godowns, sanitation, drainage, labour colonies and other necessary public amenities. These facilities were designed to create an industrial environment congenial for intending industrialists.

Organizational Structure

SITE Limited by virtue of policy decision through Sindh Government No.24-I.B/47.1 dated June 2, 1947 was registered on November 29, 1947 under Companies Act, 1913 now Companies Ordinance, 1984 as a Company Limited by Guarantee and having share Capital.

The Company works through Board of Directors appointed by General Body by nomination under Article No. 30 by members of Company. At present there are 15 members of the Board ot of which 8 members are nominated, by the Government of Sindh and 7 members are elected through General body out of tenant members.

There are total number of 10 industrial estates in Sindh.

Reference

* [http://www.dawn.com/weekly///books/archive/070624/books1.htm Mapping SITE - Daily Dawn]
* [http://www.dawn.com/2008/07/03/ebr3.htm Sindh to focus on industrial infrastructure this year - Daily Dawn]

ee also

* SITE Town

External links

* [http://www.site-association.org/home.asp SITE Association - official website]


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