![]() |
| Poor law, order has shaken investors’ confidence: LCCI |
| Sunday, November 15, 2009 By By Our Correspondent |
| LAHORE THE Punjab government is making an effort to improve law and order situation in the province and the business community should help the government to that end, the Punjab chief minister’s senior adviser said on Saturday. Adviser Sardar Zulfiqar Ali Khosa was speaking at a meeting of the Punjab Chambers of Commerce and Industry Coordination Committee at Lahore Chamber of Commerce and Industry. Khosa said the government was trying to provide better security to education institutions. He said the business community had played an appreciable role for the help of IDPs. Muhammad Pervez Malik, the chairman of the Punjab Chambers of Commerce and Industry Coordination Committee and the senior political assistant to the Punjab CM, said improving infrastructure was one the priorities of the Punjab government. He said the Punjab government was keen to upgrade road network. He said the credit for improving infrastructure in the province went to Shahbaz. LCCI President Zafar Iqbal Chaudhry said poor law and order was the biggest challenge being faced by the country. He urged provincial and federal governments to take concrete measures to tackle terrorism as it was affecting economic activities and investment climate. He said it was very difficult to attract investment if investors were not protected. He said the economy could not grow without providing security to the investor and property. He showed concern over poor law and order situation, saying it had shaken the confidence of foreign investors. Zafar said that there was a need to make sector specific measures to curtail imports and increase exports. He also termed the formation of Punjab Chambers of Commerce & Industry Coordination Committee a right step. He said that establishment of the coordination committee would help the government get direct feedback from business community. LCCI Vice President Faisal Iqbal Sheikh said energy shortage and frequent increase in prices of energy were making Pakistani goods expensive and uncompetitive. Office-bearers of the Punjab Chambers of Commerce and Industry and officials were present. |