Chief Minister Punjab Chaudhry Pervaiz Elahi Tuesday said that under the leadership of General Musharraf and due to the prudent economic policies of incumbent government, local and foreign investment in the country had increased, which resulted in poverty alleviation and generation of more job opportunities.
He was addressing inaugural ceremony of Metro Cash & Carry Centre here on Tuesday. He said that development process in the country had been intensified and strengthened through promotion of public-private partnership.
The CM averred that foreign investors were making huge investment due to investment-friendly polices and conducive atmosphere in the province. He said that setting up of wholesale centres in the province would leave a positive impact on national economy and accelerate the process of development.
CM said that Metro Cash & Carry was playing an important role in the provision of quality items to the customers. He said that setting up of wholesale centres would result in substantial decrease in the prices of food items and prosperity of the farmers.
German Ambassador Gunther Mulack, Vice President, International Affairs of Metro Henry Birr and members of Metro Board and Chief Executive Officer, Metro Cash & Carry Thomas M. Huebner were also present on the occasion. Pervaz Elahi said that a number of mega projects including Mubarik Centre, Information Software Technology Park, Ring Road, Sport City as well as universities were being established by the government with the cooperation of foreign countries.
He said that government was setting up industrial zones in the province due to which economic activities were accelerating. Chief Minster further said that six thousand farmers would initially benefit from the launch of Metro in the province, which would also provide guidance to the cultivators with regard to cultivation of crops and the use of seeds and fertilisers.