Govt set to unveil new industrial policy

Following the success of the "Banyan Al-Marsous" operation, a new industrial policy aimed at placing Pakistan among the world's top 20 economies will be announced very soon.

It was stated by Haroon Akhtar Khan, Special Assistant to the Prime Minister on Industries and Production, while representing Prime Minister Shehbaz Sharif at the 50th Golden Jubilee celebrations of the Faisalabad Chamber of Commerce and Industry (FCCI) on Saturday.

He said he brought a message that the government highly values Faisalabad and serious efforts are being made to resolve the issues faced by the industries of this city. Earlier, welcoming Haroon Akhtar Khan, Rehan Naseem Bharadah, President of the FCCI, said that after the success of the Banyan Al-Marsous operation, it has become imperative to stabilise the economy on sustainable foundations. He mentioned the problems faced by the industrial sector and said that the government should create more facilities to ensure ease of doing business. He demanded the establishment of a new modern airport in the nearest area to provide air travel facilities to foreigners working in various industrial estates run under FIEDMC.

He also stressed the need for a cargo complex in Faisalabad that would enable the export of 25,000 tons of cargo annually from the city.

He called the establishment of a passport office within the Faisalabad Chamber necessary for the convenience of members and demanded that the Pindi Bhattian-Faisalabad motorway be expanded to six lanes.

He noted that according to the 1934 Act, the definition of DPL (Declared List of Petroleum) only includes petroleum goods, so the clause should not be applied to imported chemicals.