The Lahore Development Authority (LDA), after a series of consultative meetings with the Lahore Chamber of Commerce and Industry, has finalised various sites in Lahore division for the purpose of industrial zones.
While appreciating the Lahore Development Authority's team led by Director General LDA Zahid Akhter Zaman, LCCI President Abdul Basit said that the initiative would lay a new foundation of industrialisation in the province and would attract much-needed foreign direct investment in the province of Punjab.
He said this would be immensely beneficial for the business community as substantial land in the Lahore division (Lahore, Kasur, Sheikhupura and Nankana) has been reserved by the LDA for the Industrial use where the requisite infrastructure would be provided by the government for the industry.
This step would prove to be a game changer in the economic development of Punjab by formalising the industrial sector and making it convenient for the investors to open the new industrial units on the designated sites.