New Strategy: AJK govt to revive industries

MIRPUR: The Azad Jammu and Kashmir (AJK) government has kicked-off an integrated plan for the revival of dozens of ‘sick’ industrial units in the industrial districts of Mirpur and Bhimber, official sources said. At least a hundred industrial units of small and medium size remain non-functional there, following lack of required infrastructural facilities including natural gas, water and electricity. The plan was approved in a recent high-level meeting attended by senior officials of state industries department and representatives of local business fraternity, among others, sources said. They further said the government would extend all possible facilities to the existing and upcoming investors in the trade and industrial sectors in AJK. The authorities have also decided to initiate action against allottees of industrial and commercial plots, in the industrial estates of Mirpur, Bhimber and Kotli districts, who failed to construct industrial units within stipulated time as determined in the existing rules and regulations.

Published in The Express Tribune, September 2^nd, 2015.