Speedy outcome of ‘Punjab Growth Strategy’ stressed

Provincial Industries and Commerce Department Secretary anticipates investors will help mobilize FDI in province

LAHORE:

Industrialisation and harnessing domestic and foreign direct investment in Punjab are the lynchpin of the provincial government's endeavours.

Provincial Industries and Commerce Department Secretary Sohail Ashraf expressed these views during a series of meetings with the heads of attached organisations of the department on Monday. The provincial secretary directed the officers concerned to accelerate their activities for achieving desired outcomes of the Punjab Growth Strategy.

Ashraf said Punjab Industries and Commerce Department was striving hard to synchronise all functions entrusted to it for making Punjab prosperous and a major contributor to the national economy.

In the same vein, he added, efforts were underway to accelerate establishment and colonisation of the industrial estates and Special Economic Zones (SEZs) across the province.

"It is anticipated that our ongoing engagements with the potential investors will help mobilize FDI (Foreign Direct Investment) in Punjab, especially in the SEZs," he added.

He underscored that the youth, majority of whom belonged to Punjab, had to be educated and trained on contemporary knowledge areas, which were not only demand driven (both domestically and internationally), but also hinged upon entrepreneurialism.

Published in The Express Tribune, November 22^nd, 2022.