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Punjab will become hub of economic, trade activities’: Mian Aslam Iqbal

Punjab will become hub of economic, trade activities’: Mian Aslam Iqbal

LAHORE: Provincial Minister for Industries and Trade Mian Aslam Iqbal has said that Punjab will be made a real hub of social, economic and trade activities, where investment-friendly atmosphere has already been created and all possible facilities are being provided to the investors.

While chairing a meeting on industrialisation and investment in the information technology (IT) sector and issues related to taxation, the minister announced that one-window operation was being initiated for 26 departments of Punjab.

“With the provincial departments, some 19 federal departments will work jointly under one umbrella for the facilitation of investors,” Iqbal revealed.

He informed the participants that representatives of investment companies have been consulted and a future action plan would be evolved in the light of their suggestions.

The minister constituted a sub-committee which would review the recommendations and proposals of the meeting for evolving the action plan.

“Work on the Quaid-e-Azam Apparel Park is being encouraged and a strategy has been evolved for establishing special economic zones and new industrial estates,” he shared.

He was of the view that good governance could be promoted through information technology and it would boost investment.

Notifying that state-of-the-art information technology park would be created in Punjab, he was of the view that the promotion of e-commerce was the need of the hour “and steps have been taken on this account.”

Speaking on the occasion, Punjab Finance Minister Hashim Jawan Bakht said reiterated that the IT industry has a pivotal role to play in a bid to meet the demand of future and “we are ready to take every step for the promotion of IT sector.”