Industrial development vital for economic growth: PM

Last updated on: 14 December,2020 11:36 pm

PM Imran directed to provide utility services including electricity and gas to the SEZs on priority.

ISLAMABAD (Web Desk) – Prime Minister Imran Khan on Monday said that the industrial development is vital for economic growth and the government is committed to provide ease-of-doing-business to the investors.

Chairing the 7th meeting of Board of Approvals for Special Economic Zones at Islamabad today, he said economic activities generated by SEZs will increase job opportunities for local skilled and un-skilled labour.

The prime minister directed to provide utility services including electricity and gas to the SEZs on priority.

The meeting was apprised that there are 19 SEZs notified in the country.

The meeting was attended by Ministers Dr. Abdul Hafeez Sheikh, Muhammad Hammad Azhar, Senator Shibli Faraz, Advisor on Commerce Abdul Razaq Dawood, Chief Minister Punjab Sardar Usman Buzdar, Chief Minister Khyber Pakhtunkhwa Mehmood Khan, Chief Secretaries of Sindh and Balochistan and other senior officers of concerned departments. Chief Minister Gilgit Baltistan and Deputy Governor State Bank joined the meeting via video link.

The Board approved SEZ Zone Enterprise Admission and Sale and Lease of Plot Regulations 2020.

The Board Meeting also approved launching of online SEZ Management Information System whereby the approvals process will be digitalized and streamlined and it will also act as a one-window for investors and will ensure transparency.