Govt to promote industries for accelerating growth

ISLAMABAD  - Advisor to Prime Minister for Industries, Production and Special Initiatives (MOIP&SI) Mian Manzoor Ahmad Wattoo said on Thursday that government is committed to promoting industrial and manufacturing sectors for the economic growth of the country. "We want to develop industrial and manufacturing sectors for economic growth, create employment opportunities and improve the income of the people and poverty reduction", Mian Manzoor Ahmed Wattoo told a business, industrial and manufacturing sectors' delegation which called on him here today. The delegation comprising representatives of FPCCI, All Pakistan Ginner Association (APGA), Angro Chemical, Pakistan Vanaspati Manufactures Association (PVMA), Pakistan Auto Parts Manufacturing Association (PAPMA), Indus Motors, Sigma Motors, Chinab Group, and Pak Suzuki Motors. Secretary Industry Shahab Khawaja, Secretary Textile Rauf Chaudhry, and senior officials of Board of Investment, Federal Board of Revenue were also present on the occasion. Mian Manzoor Ahmed Wattoo assured the representatives of Industrial and manufacturing sectors that their genuine problems would be looked into and efforts would be made to resolve these. The Advisor to the Prime Minister on Industries and Production said that objective of the meeting was to discuss the problems being faced by the industrial and manufacturing sectors. In this regard, he added that the suggestions would be invited from the concerned stakeholders for resolution of problems being faced by the sectors. He told the delegation that their suggestion regarding the resolution of their problems would also be submitted to the Prime Minister. The Minister assured the APGA that their genuine problems would be resolved and after the assurance from the minister the Association announced to call off their strike. Mina Manzoor Ahmed Wattoo also assured that the problems of textile sector would also be looked into . The delation apprised the minister of their problems and said that loadshedding and hike in the petroleum prices have increased the cost of doing business.

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