Development of industrial and commercial sectors: CM for close collaboration between govt depts, chambers

PESHAWAR: Chief Minister Ali Amin Khan Gandapur on Saturday stressed the need for close collaboration and mutual consultation between relevant government departments and the chambers of commerce to boost the industrial and commercial sectors.

“The provincial government is working under a comprehensive strategy to resolve issues faced by the industrial sector,” he told a delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) here. Matters related to promoting industrial and commercial activities, addressing challenges faced by the sector, and initiatives of the provincial government to attract private investment in the region came under discussion.

Special Assistant to the Chief Minister on Industry, Abdul Karim, Secretary for Industry, and other relevant officials were also present on the occasion. Gandapur said that the ‘Ease of Doing Business Act’ of the provincial government was in its final stages, aiming to establish a one-window operation to provide all necessary facilities to industrialists, traders, and investors.

“Work is also underway on the formulation of Industrial Policy 2025, inviting experts associated with chambers of commerce to share their suggestions to create a robust and effective system,” he added.

Gandapur underscored the vital role of industries in economic development and job creation, noting that Khyber Pakhtunkhwa offers immense opportunities for private investment. The provincial government, he said, was committed to encouraging private investors and providing them with all necessary facilities, including offering locally produced electricity at concessional rates for industries.

“We are committed to collaborate with private sector experts for better results,” he said, reaffirming the government’s commitment to resolving industrialists’ issues on a priority basis. He added that tax relief within the provincial jurisdiction has already been provided to support business activities and strengthen the local economy. The chief minister said that the provincial government has launched interest-free loan programs to promote entrepreneurship, including loans for technical degree holders.