Minister inaugurates SEZ at Rachana Industrial Park

Highlights govt’s commitment to economic sustainability

LAHORE:

Federal Minister of Industries and Production, Rana Tanveer Hussain, while inaugurating the Special Economic Zone (SEZ) in Rachana Industrial Park on Monday, reiterated that economic revival stood as a top priority for the Muslim League (Nawaz) government.

Addressing the inaugural ceremony at Rachana Industrial Park, Sheikhupura, Hussain underscored Pakistan’s developmental trajectory, attributing it to sound economic policies. He stressed the pivotal role of the private sector in advancing the economy.

“We have strengthened the country economically. We have founded the China-Pakistan Economic Corridor (CPEC), a game-changing project aimed at improving the nation’s economic condition,” he affirmed.

Expressing satisfaction at inaugurating the Special Economic Zone, Hussain hoped that Rachna Industrial Park and other SEZs would serve as crucial milestones for economic development. He highlighted their transformative impact worldwide, fostering economic growth and societal sustainability.

The minister stressed the utilisation of all possible resources to boost exports in agriculture and industry. He underscored the pivotal role of industrial development in a nation’s growth, pledging measures to attract foreign investments and enhance export capacity.

The completion of Rachna Industrial Park underscored the government’s unwavering economic commitment, he said. Strategically located near CPEC, it serves as a significant gateway to foster trade and cooperation between Pakistan and China, aligning with the government’s vision for a greener future, said Hussain.

“Our government is firmly committed to ensuring sustainable development,” stated Hussain.

Published in The Express Tribune, May 21^st, 2024.

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