Proposal to set up three economic zones in Punjab approved

04 Apr, 2016

Punjab Chief Minister Muhammad Shahbaz Sharif presided over a meeting of Special Economic Zone Authority (SEZA), here on Sunday in which approval was given to the proposal of giving a status of special economic zones to three industrial estates of Punjab including Quaid-e-Azam Apparel Park, M3 Industrial City and Value Addition City.
Addressing the meeting, the Chief Minister said that industrial activities and investment would increase in the province with the setting up of special economic zones. He said that facilities are being provided to industrialists and investors on priority basis. He said that promotion of industrial activities and investment would result in generation of new job opportunities. Shahbaz said that Punjab government has taken effective steps for promotion of investment in the province and enhancing industrial activities is included in its priorities.
He said that Punjab Investment Board has to work more actively for promoting industrial activities and investment. Chief Executive Officer Punjab Investment Board gave a briefing regarding matters of Special Economic Zone Authority. Provincial Minister for Industries Muhammad Shafiq, Chairman Punjab Investment Board, concerned secretaries and industrialists were present on the occasion.

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