LAHORE: The federal government has decided to expedite the provision of supply of electricity to Special Economic Zones (SEZs) with a view to promote investment and stimulate industrial growth in the country.
The decision was taken at a meeting jointly chaired by Punjab Chief Secretary Yousaf Naseem Khokhar and Federal Secretary Power Division Irfan Ali on Saturday.
The meeting reviewed various proposals regarding provision of required load of electricity to Sundar Industrial Estate Lahore, Quid-e-Azam Apparel Park Sheikhupura and industrial estates of Rahim Yar Khan, Bhalwal, Vehari and Faisalabad.
Addressing the session, the chief secretary highlighted the role of industries in development of a country and reiterated that establishing business units keeps the wheels of economy turning.
He said China is showing keen interest in investing in SEZs. Khokhar stressed that industrial growth in Punjab would contribute to the national exchequer and help address the economic issues.
He said that the government is committed to provide an amiable environment to the investors. “All possible facilities will be given to industrialists within the regulatory framework,” he noted.
The chief secretary said issues related to SEZs would be resolved on priority basis. He directed the relevant provincial departments to liaise with the federal government.
Power Division’s Secretary Irfan Ali said full cooperation would be extended for the provision of electricity to SEZs and issued special guidelines to power distribution companies for the purpose.
The meeting was attended by the Board of Investment federal secretary, administrative secretaries of provincial industries and energy departments, National Transmission and Despatch Company (NTDC) MD, Lahore Electric Supply Company (LESCO) CEO and other related officials.
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