SEZs To Bring Economic Revolution In Punjab: Minister
Umer Jamshaid Published January 27, 2020 | 11:40 PM
LAHORE, (UrduPoint / Pakistan Point News - 27th Jan, 2020 ) :Provincial Minister for Industries & Trade Mian Aslam Iqbal said on Monday that Special Economic Zones (SEZs) would bring economic revolution in Punjab.
Chairing a meeting here at Civil Secretariat, he reviewed in detail the matter pertaining to establishment of SEZs, sales of plots for setting up of industrial units and provision of infrastructure in industrial estates. Provincial Secretary (Industries) Zafar Iqbal, PIEDMC (Punjab Industrial Estates Development and Management Company) Chairman Syed Nabeel Hashmi, Additional Secretary Industries, PIEDMC CEO and officers concerned attended the meeting.
Provincial Minister assured that industrialists and investors would be given special incentives and plots on subsidized rates for establishing industrial units in special economic zones.
He said that industrial estates equipped with latest infrastructure would prove a game changer for development of the province.
"Foreign investors are investing in Punjab due to investors friendly policies of the present government. Economic conditions of Punjab will also change due to industrialization," he opined.
He said that steps were also being taken for revival of sick industrial units, besides accelerating the process of industrialization.Work is being expeditiously continued on the project of Allama Iqbal Industrial City Faisalabad that would create 250,000 job opportunities, he added.
Industrial process would be accelerated due to establishment of industrial estates in south Punjab, he said and added that it was necessary to work speedily for the completion of these economic projects.
He directed the departments concerned to perform their duties diligently for 100 per cent colonization of industrial estates. "Creation of jobs is the vision of Prime Minister Imran Khan and this objective can only achieve through industrialization," he concluded.
Related Topics
Recent Stories
Sindh home minister chairs law and order meeting
Bakht Kakar orders to ensure maximum facilities in livestock sector
NEPRA concludes hearing into FCA of DISCOs for March
Junta-led Burkina Faso suspends BBC, Voice of America for two weeks
Chairman COPHC lauds MoMA’s efforts at Gwadar Port, Free Zone
CM’s aide directs steps to prevent domestic violence against women
LESCO detects 74,621 power pilferers in 220 days
Regional Police officer (RPO) Shariq Kamal Siddiqui holds open court
LESCO collects over Rs 4.36m from 189 defaulters in 24 hours
Secretary health urges public to follow precautionary measures to avoid spreadin ..
PM directs formation of committee for consultation with provinces on carbon cred ..
UAF to ink MoU with Ethiopian universities
More Stories From Pakistan
-
Sindh home minister chairs law and order meeting
16 minutes ago -
Bakht Kakar orders to ensure maximum facilities in livestock sector
16 minutes ago -
NEPRA concludes hearing into FCA of DISCOs for March
18 minutes ago -
Chairman COPHC lauds MoMA’s efforts at Gwadar Port, Free Zone
18 minutes ago -
CM’s aide directs steps to prevent domestic violence against women
21 minutes ago -
LESCO detects 74,621 power pilferers in 220 days
18 minutes ago
-
Regional Police officer (RPO) Shariq Kamal Siddiqui holds open court
18 minutes ago -
LESCO collects over Rs 4.36m from 189 defaulters in 24 hours
18 minutes ago -
Secretary health urges public to follow precautionary measures to avoid spreading dengue
18 minutes ago -
PM directs formation of committee for consultation with provinces on carbon credits policy
18 minutes ago -
UAF to ink MoU with Ethiopian universities
41 minutes ago -
Scouts playing exemplary role in serving humanity: Dr Iqrar
40 minutes ago