HomeBusinessGovt set to unveil...

Govt set to unveil new industrial policy


FAISALABAD:

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.

Source link

Most Popular

More from Author

Read Now

Meghan Markle divorce to cause major financial loss for Prince Harry

Prince Harry and Meghan Markle, the Duke and Duchess of Sussex have found themselves once again at the center...

Kotak Mahindra stock split: Bank announces 1:5 share split; aims to boost liquidity- what you need to know

Kotak Mahindra Bank on Friday said its board has approved a sub-division of equity shares in a 1:5 ratio to make the stock more affordable and enhance market liquidity. The decision was taken on the lender’s 40th foundation day and is subject to statutory and...

Artificial intelligence newsletter: Bubble fears ease

President Donald Trump speaks with Elon Musk and Nvidia CEO Jensen Huang, during the Saudi Investment Forum at the Kennedy Center, Wednesday, Nov. 19, 2025, in Washington.  (AP Photo/Evan Vucci) NEWYou can now listen to Fox News articles! Welcome to Fox News’ Artificial Intelligence...

Channel Tunnel says UK investment ‘non-viable’ as it halts projects

Eurotunnel, the operator of the Channel Tunnel, has halted its UK projects, claiming "unsustainable" levels of taxation has made any future investments "non-viable".The company said it had been informed its business rates would increase by some 200% from next year.It hit out at the government, arguing...

NASA releases close-up images of interstellar comet making a rare flyby

NASA released close-up images on Wednesday of the rare interstellar comet that's making a single pass through the solar system.One of the images shows the comet, also known as 3I/ATLAS, as it moves through space about 190 million miles from Earth. It was taken...

Parasocial, how you may have felt after Taylor Swift’s engagement, is Cambridge Dictionary’s word of the year

If you felt a personal connection with a celebrity this year, you likely weren't alone. That feeling led Cambridge Dictionary to select "parasocial" as its 2025 word of the year. Parasocial is defined as "involving or relating to a connection that someone feels between...

JetBlue to add Milan, Barcelona flights in 2026

A JetBlue Airways Airbus A321 airplane departs from Los Angeles International Airport en route to New York on Oct. 17, 2025 in Los Angeles, California.Kevin Carter | Getty ImagesJetBlue Airways is pushing its fleet of single-aisle planes deeper into Europe next year with seasonal daily flights to...

This Classic Indian Chicken Dish Named Among World’s Top 20

TasteAtlas, the globally trusted food and travel guide, has unveiled its much-anticipated list of the 100 Best Chicken Dishes in the World. This curated ranking celebrates the most beloved, flavor-packed chicken recipes from across continents, highlighting dishes that embody comfort, tradition, and culinary excellence. (Image: AI-Generated)...