Federal Budget 2016-17: Demand for maximum relief to industry

He said in order to fill gap between demand and supply of energy, maximum funds should be allocated


APP April 29, 2016

ISLAMABAD: The industrial sector should be given relief to the maximum in the upcoming Federal Budget 2016-17, said Islamabad Industrial Area Association (IIAA) President Faridon Khattak. “The government should focus on the energy sector for industrial growth,” he said, adding that the export sector played an important role in the uplift and therefore the rules, regulations and procedures for the export-oriented sectors should be made easy. He said in order to fill gap between demand and supply of energy, maximum funds should be allocated for the construction of dams and reservoirs along with tapping Thar coal. He said that number of sectors in Pakistan including infrastructure development, coal, energy, agriculture, livestock, textiles and pharmaceutical offered lucrative investment opportunities to foreign investors; all that was required was a proper and well-tailored marketing strategy.

Published in The Express Tribune, April 30th, 2016.

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