Investment in RUDA industrial zones approved

05 Feb, 2022

LAHORE: The Cabinet Committee on Legislative Business has approved investment in Ravi Urban Development Authority (RUDA) industrial zones.

The decision allows RUDA to enter into an agreement with a Saudi investor for investment in industrial zones 2A and 3A.

This was decided in a meeting of the Cabinet Committee on Legislative Business that was chaired by Punjab Law and Parliamentary Affairs Minister Muhammad Basharat Raja here on Thursday. Provincial ministers Rai Taimur Bhatti and Hafiz Mumtaz Ahmed, and concerned secretaries were also present in the meeting.

The Cabinet Committee also allowed the Punjab Excise and Taxation Department to enter into an agreement with Pakistan Post for delivery of vehicle number plates and registration documents through post office for the convenience of the applicants.

It approved the transfer policy of the special education department and sale of 15,000 metric tons of wheat to Gilgit-Baltistan. Basharat expressed satisfaction over the fact that the sale of wheat would not affect the food reserves for Punjab.

Copyright Business Recorder, 2022

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