‘Govt to foster industrialisation for economic uplift’
Pakistan’s economic growth is likely to turn negative owing to industrial closures and the falling growth of large-scale manufacturing (LSM) to negative 4.4% in January 2023, Arif Habib Commodities CEO Ahsan Mehanti told The Express Tribune. photo: file
Federal Minister for Industries and Production Syed Murtaza Mahmud said that promoting industrialisation is the key priority of the government to improve the economy and assured that he would fully cooperate with the ICCI in its endeavours for the establishment of a new industrial park in the region.
He was talking to a delegation of ICCI led by Ahsan Zafar Bakhtawari.
Mahmud said that after the Eid holidays, he along with Chaudhry Salik Hussain, Federal Minister for Board of Investment will hold a meeting with ICCI to take forward the matters for ICCI industrial park.
He said that ICCI will be given representation in the Boards of the attached departments of his ministry.
He lauded the initiative of ICCI for organising Pakistan-Ethiopia Business Forum and said that ICCI should send a formal invitation to Bilawal Bhutto Zardari, Federal Minister for Foreign Affairs to attend the Forum while he would cooperate in this regard.
He said that the government is working on a new policy for electric vehicles. He assured that he would cooperate in resolving the key issues of the business community.
Published in The Express Tribune, April 21st, 2023.