Pakistan Industrial and Traders Associations Front (Piaf) has welcomed the initiation of performance award by the Lahore Chamber of Commerce and Industry (LCCI). Piaf Chairman, Muhammad Ali Mian, in a statement issued here on Wednesday said that the award would encourage the businessmen to improve their productivity, industrial activity and quality, which would also help promote business activities. He expressed the hope that Prime Minister would announce incentives for business community at the award ceremony.