Punjab to be made hub of trade: Mian Aslam Iqbal

LAHORE:Provincial Minister for Industries and Commerce Mian Aslam Iqbal said that Punjab will be made a hub of investment, trade and economic activities while it will fully participate in Dubai Expo.

He was presiding over a meeting held in the committee room of Punjab Board of Investment and Trade Friday to review the issues related to the promotion of investment and provision of facilities to investors. CEO Punjab Investment Board Dr Erfa Iqbal and concerned officers of the board attended the meeting.

Addressing the meeting, Aslam Iqbal said that due to the investor friendly environment in Punjab, local and foreign investors are investing in Punjab. The growing investment in the country is an expression of confidence in Prime Minister Imran Khan's economic policies.

He said that Punjab would fully participate in this year's Dubai Expo which would boost investment in Punjab. He said that new industrial zones in the province would usher a new era of industrial development in Punjab. The minister said that the Punjab Board of Investment should not spare any effort in promoting investment in the province and providing facilities to investors.

Economic growth planning discussed: Adviser to Chief Minister on economy Dr Salman Shah and Chairman P&D Planning and Development Board Chairman Abdullah Khan Sumbal chaired a meeting of the Project Steering Committee (PSC) regarding the Regional Economic Growth Strategy (REGS) of Gujranwala at P&D Complex.

The economic adviser to chief minister was briefed on the progress made in the Gujranwala development portfolio. The P&D Board chairman said, “Private sector industry associations would be engaged throughout the process to make REGS a living document that impacts the lives of people in Gujranwala.”

The Gujranwala commissioner put forth the demands from the local businesses and highlighted the need for some projects which would be winner projects for the region. Dr Salman Shah said the departments would ensure speedy submission of project timelines. Forest and fisheries-related interventions would be deepened to include a broader range of projects.