Local business: Industrial zone to be established for garments sector

Chief minister says special facilities will be given to investors in the zone.


Our Correspondent August 22, 2013
The chief minister said the industrial zone should be established on a large piece of land near the motorway. PHOTO: FILE

LAHORE:


Chief Minister Shahbaz Sharif on Thursday said an efficient garments sector could earn huge foreign exchange and generate thousands of jobs.


He said the government had signed an agreement with China to set up a Punjab-China Garments Industrial Zone. He said special facilities would be given to investors in the zone.

He issued instructions for setting up a committee for identifying a site for the industrial zone. He said the committee should present its report within seven days after consulting stakeholders.

The committee will comprise senior members of the Board of Revenue, industries secretary and representatives of the Punjab Industrial Estate Development and Management Company.

The chief minister said the industrial zone should be established on a large piece of land near the motorway. He said other locations should also be considered.

He said a working group should be constituted to identify problems in the establishment of the industrial zone. He said the working group should meet weekly.

Published in The Express Tribune, August 23rd, 2013.

COMMENTS (1)

Hedgefunder | 10 years ago | Reply

Sir, please provide 24/7 Electricity first, as that's the main cause of this industry not functioning ! Then perhaps dream of building Zones etc.... I know personally how many hard working self employed people, who have been ruined by the state of affairs in relation to Electricity supplies, and have given up and are looking to settle abroad in order to continue their business ! Pakistan's energy crises are monumental and until that is resolved any serious economic progress is simply a myth ! Let's not even venture into areas such as Security, Infrastructure, Employment, Education or Social welfare ! These are just Tip of the Iceberg, that is going to overwhelm Pakistan in near future, with growing population and serious lack of above facilities. There are too many committees, working groups etc...... but what have they achieved ? Zero !

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