LAHORE - The Lahore Chamber of Commerce and Industry has congratulated Hamza Shahbaz for assuming the office of Chief Minister Punjab.

In a statement, LCCI President Mian Nauman Kabir, Senior Vice President Mian Rehman Aziz Chan and Vice President Haris Ateeq hoped that the Chief Minister would focus on the economic issues with a new vigor. The LCCI office-bearers said that Punjab has the largest economy in Pakistan, contributing most to the national GDP. They said that the Chief Minister Punjab Hamza Shahbaz would have to live up to the expectations of the people in achieving the economic goals. They said that the Chief Minister Punjab has every capacity to discharge his responsibilities. They said that the Lahore Chamber of Commerce & Industry would supplement all efforts of the Punjab government aimed at economic wellbeing of the province. They said that the Chief Minister Punjab would have to evolve a strategy to remove all the impediments to the economic growth.

The LCCI office-bearers drew the attention of Chief Minister Punjab Hamza Shahbaz Sharif towards some issues that must be resolved as soon as possible. They said that the water tariff of WASA Lahore for industrial and commercial users (Rs.100,000 for 1 Cusec and Rs.50,000 for ½ Cusec) is extremely high as compared to other cities of Punjab like Faisalabad and Multan etc. LCCI recommends that across all cities, it should be uniform. They said that there should be fair representation of LCCI in District Administration Committees for timely resolution of administration related issues. They said that there is a dire need of new parking plazas in Lahore due to the growing needs of the city. We are ready to work with Government of Punjab in this regard. The LCCI office-bearers said that encroachments have affected the commercial areas of Lahore. These areas should be made free of encroachments as it is in some way adding to the cost of doing business. They said that there is a need for installation of water hydrants in and around the major markets of Lahore to effectively cope with fire incidents. The high rate of conversion fee (20% of Commercial Value) for land use charged by LDA is an impediment to Industrialization and should be abolished.

The LCCI office-bearers said that the Safe City surveillance should be extended for all the markets of Lahore along with measures to control street crimes. They said that the Government of Punjab should play its role in resolving the issue of installation of Water Treatment Plants for Industrial units.