Corporate Farming continues to grow as Sindh has now also ventured into the realm of corporate farming with a freshly signed deal. Sindh Government has signed a deal with the M/S Green Corporate initiative under the Umbrella of the Army for almost 52,000 acres of land.
After Punjab, the Army has signed a deal with Sindh as well for 20 years. The net profits will be divided by the Sindh Government and the Green Corporate.
This announcement came by Caretaker Revenue Minister Sindh, Younas Dhaga during a press conference at the CM house.
The project will consist of 52,000 acres of land which will be given for a period of 20 years. The ownership of the land will still remain with the Government of Sindh.
Thorough Scrutiny will be done before land acquisition and all measures will be taken to ensure that the local population is not affected by this.
The project will mainly be headed by the SIFC Apex Committee but in collaboration with Pak Army as well.
The land will purely be used for agricultural purposes only and no side businesses or activities will be allowed.
40% of the revenue will go directly to the Sindh Government annually while 20% revenue generated will be used for Research and Development in the local area.
The remaining 40% revenue will directly go into infrastructure and irrigation channels alongside solar projects to ensure the sustenance of the project.
The land will undergo verification and surveys to find out if its feasible for the project and if any court trials are going on for the land.
The 52,000 acres will be divided as below:
A thorough survey will ensure that the it does not fall within any Amenity land, reserved land for public purposes, cultural heritage sites, depopulated areas, forest land including mangroves habitats and protected forests, grazing land, graveyards, historical waterways, inland waters, irrigation channels, jails, katchi abadi, locality, mining potential areas, motorways, mountain ranges, national highways, national parks, port and sea shore, potential mining areas, railway lines, range, religious sites, residential settlements, river deltas, roads, seasonal cultivation areas, sea creeks, security installations, superhighways, temporary shelters, vital security installations, villages, wastelands, wetlands, wildlife sanctuaries.
No local areas will be affected and the project will also ensure that the rights of the local people aren’t affected as well.
A Board of Management has been established by the Sindh Chief Secretary, and all decisions will be taken by the members of the board together.