Businessmen for cooperation with AJK

AJK minister for small industries visits Lahore Chamber

The industrialists believe that addressing these fundamental issues will unlock the tremendous potential of the HITE to accommodate more industries. photo: file

LAHORE:

Azad Jammu and Kashmir (AJK) Minister for Small Industries Dr Kausar Taqdees Gilani visited the Lahore Chamber of Commerce and Industry (LCCI) and held a meeting with LCCI President Kashif Anwar.

During his address, the LCCI president emphasised the importance of strengthening the relationship between the Lahore Chamber and the Azad Kashmir Chamber to promote business activities in the country.

He highlighted that all banks in AJK were providing interest-free loans to small industries, which was a positive initiative, where the Ministry of Small Industries played a crucial role. Additionally, industrial areas are being established in AJK through the efforts of this ministry.

A five-year tax holiday is being provided in Azad Kashmir, which will undoubtedly be a significant relief for the existing and new industries. These efforts would greatly facilitate small and medium-sized industrialists, he added.

Speaking about the LCCI’s extensive work for women’s empowerment, he highlighted the establishment of the Women Empowerment Lounge and the Women Entrepreneur Counter.

Published in The Express Tribune, June 9th, 2024.

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