President Sialkot Chamber of Commerce and Industry (SCCI) Khawaja Masood Akhtar has said that due to rapid and the consistent growth of entrepreneurs the Sialkot is facing acute shortage of industrial estates and zones to meet the growing demand of provision of industrial plots for establishing manufacturing units.
Talking to the media persons on Sunday he said we had already proposed for setting up of new small industrial estates on all major arteries leading to Sialkot city as well as special economic zone in Sialkot. Sialkot is important economic hub and the totally export-oriented city of the country and the establishment of new estates in the city would resolve the problems he said.
The SCCI President further stated that setting up of up Special Economic Zone (SEZ) along with the Sialkot-Lahore motorway will open new vista of development prosperity and further accelerate the export activities. We had already proposed for setting up of new small industrial estates on all major arteries leading to Sialkot city he said. He further added that the establishment of new estates in the city would resolve the problems
The city of Sialkot is important economic hub and the only totally export-oriented city of the country where thousands of small and medium enterprises situated in and around the Sialkot and were engaged in honoring their global commitments for the export of value-added goods and earning US 2 billion. We understand that establishment of SEZ in the city would be supportive in further accelerating the pace of export activities and open new vistas of development and prosperity in the area. Development of local cottage industries in the city had assumed a model status for developing world he said. He said "we suggested the government to develop proposed SEZ on Sialkot-Lahore Motorway near Wazirabad to encourage the industrial sector of golden triangle (Sialkot, Gujranwala and Gujrat districts).
The President SCCI said regular functioning of SEZ near Wazirabad would enable the industrial sector of Sialkot, Gujranwala and Gujrat and adjoining areas to play their instrumental role in boosting economic activities.
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