Sindh govt approves 1,000 acre palm oil project

News Image

MG News | June 16, 2022 at 10:43 PM GMT+05:00

0:00

June 16, 2022: The Sindh government on Thursday rolled out Rs 356 million plan of planting 60k palm trees by setting up another 1,000-acre project in Thatta in a bid to enhance local production of edible oils.

The decision was taken in 7th Governing Body of Sindh Coastal Development Authority (SCDA) chaired by Sindh Minister for Environment, Climate Change and Coastal Development Ismail Rahu at Sindh Assembly Building.

Speaking on the occasion, Provincial Minister Ismail Rahu said that the palm oil project will be launched in current year to enhance local production of edible oil which is currently being imported on hefty price.

Rahu urged officers to sketch out plan for the future to save the coastal belt of vagaries of climate change as water scarcity has destroyed coastal belt of Sindh and sea has wear down thousands of acres of agricultural land in Thatta and Badin due to non-availability of water in Indus deltaic region.

DG Coastal Development briefed that forest department on a request for allotment of 3,000 acres of land handed over 2,000 acres to the coastal development department. All officers of Grade 19 to 20 of the department will be trained under the Mid Career Management Service, for improvement of service delivery.

Provincial Minister Ismail Rahu further said that many schemes for Thatta, Kati Bandar, Sujawal and Badin,have been included in the new budget while 13 km road from Ibrahim Haideri to Lat Basti will be completed soon with an cost of Rs 430.612 million.

Sindh Assembly members Muhammad Ali Malikani, Shahina Baloch, Additional Chief Secretary Muhammad Hassan Iqbal, Director General Coastal Development and DC Badin attended the meeting among others.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 167,085.58
225.68M
0.48%
802.03
ALLSHR 101,220.72
685.91M
0.47%
477.65
KSE30 50,772.02
134.57M
0.57%
290.16
KMI30 239,923.35
145.03M
0.77%
1831.31
KMIALLSHR 66,042.80
345.76M
0.65%
425.34
BKTi 45,106.39
29.18M
0.06%
24.91
OGTi 33,583.05
26.44M
1.52%
502.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 89,425.00 0.00
0.00
-175.00
-0.20%
BRENT CRUDE 63.86 64.09
63.06
0.60
0.95%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
0.10
0.11%
ROTTERDAM COAL MONTHLY 97.25 97.25
97.25
0.05
0.05%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 60.14 0.00
0.00
0.06
0.10%
SUGAR #11 WORLD 14.82 15.02
14.73
-0.06
-0.40%

Chart of the Day


Latest News
December 07, 2025 at 11:19 AM GMT+05:00

FBR busts biggest illegal tobacco setup in Mardan


December 07, 2025 at 11:07 AM GMT+05:00

Weekly Market Roundup


December 07, 2025 at 09:40 AM GMT+05:00

FFC, PAEL enter the MZNPI fold in latest review


December 06, 2025 at 11:55 PM GMT+05:00

GCC–Pakistan FTA dominates Doha forum


December 06, 2025 at 11:17 PM GMT+05:00

Binance Boss lands in Islamabad for Crypto rule talks



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg