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Under the directives of the Punjab government, the Punjab Small Industries Corporation (PSIC) is preparing an strategy for developing model small industrial estates at each district headquarter of the province.
Official sources told Business Recorder here on Sunday that the proposed model industrial estates would be developed under 'Self finance scheme'. The facilities like metalled roads, sewerage disposal, water supply, electricity, Sui-gas, telephone etc, would also be ensured in the model industrial estates with the co-operation of concerned departments.
The sources said the PSIC was making adequate efforts for developing these model industrial estates on state land wherever available on the basis of 'no loss no profit'.
The step was being taken for the promotion of industrial sector and to accommodate foreign and overseas Pakistanis investors in Punjab.
The Punjab government was making hectic efforts to bring about industrial revolution as well as to further speed up the export activities in the province. The purpose of this programme was to establish maximum new industries, including agro-based industry aimed at enlarging the employment scope for the educated and skilled jobless persons.
As many as 480 industrial plots were available in the small industrial estates of Jehlum, Gujar Khan, Chakwal, Taxila, Daska, Kusur, Faisalabad, Sargodha, Khanewal, Mian Channu and Gujranwala-11 for the allotment to overseas Pakistanis and foreign investors, who intend to invest in Pakistan, the sources added.
The sources further disclosed that Punjab Small Industries Corporation (PSIC) has adopted a liberal policy for providing financial assistance and guidance to businesswomen enabling them to flourish business activities to upgrade their workplaces in the province.

Copyright Business Recorder, 2005

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