Sindh - Federal government lock horns over PSM land

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Sindh - Federal government lock horns over PSM land

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that the provincial government would never give its land for the proposed recovery of Pakistan Steel Mills (PSM).

He said this while giving instructions to Sindh Chief Secretary Rizwan Memon and asked him to write a letter to the federal government that the land of PSM belongs to the provincial government.

"We will never allow doling out its [land] to settle the liabilities of the mills which are said to be around Rs 65 billion," he said in a statement issued here on Tuesday.

The chief minister said that the provincial government had given land to the federal government for establishing a steel mill complex in 1970s.

Now, the federal government has failed to run the mill professionally, therefore it has set its eye on its pricy land which doesn't belong to them. The chief minister said that the provincial government has its own plans to utilize the land available there.

"We are going to establish new industrial units, power plants and such other establishments, he said.