Skip to main content

All resources used in industrial development: Aslam Iqbal


Punjab's Industry and Trade Minister Mian Aslam Iqbal said Friday that in line with Prime Minister Imran Khan's vision, all resources will be used to develop industry and fight unemployment. I work in an industrial estate where I work for the Punjab Industrial Property Development and Management Company (PIEDMC)

Also in attendance were PIEDMC Chairman Syed Nabil Hashmi, Board Members Arif Qasim, Tariq Siraj Jafari, Chief Executive Officer Ali Moazam Sayed, CTO Farouk Jori and GM Coordinator Omar Saidna, Business Development Chess. The Competent Authority will develop a comprehensive plan for the construction of workers' houses in the Quaid-e-Azam industrial zone in Shey Kupura and will provide premises for the IT sector in a multifunctional business center.

The Minister of Finance expressed his readiness to lay the foundation of the complex business center by May 1 and asked to indicate the date of completion of the construction. He ordered a detailed financial model for Pakistan's first water park, as well as the accelerated development of the Quaid-e-Azam Sheikhupur industrial zone in the Bahawalpur industrial zone and the initial completion of the Rahim Yar Khan grid station. From Chunyang.

He also ordered the construction of an IT incubation center in the south of Punjab to begin. He said a special economic zone would be created to support the players in the Punjab industry and encourage the creation of an industry in which investors can be tax-exempt for ten years. PIEDMC Chairman and CEO briefed local ministers on the ongoing work in the industrial real estate sector, expressing satisfaction with the pace of construction.Q

Nabil Hashmi said the PIEDMC was ensuring quality and speed of development work in the industrial estates, due to which a large number of industrialists were taking interest in buying plots and setting up industries there.



Comments

Post a Comment

Popular posts from this blog

SECP Links Short Selling With Uptick Rule in Futures Market

In the wake of COVID-19 and its unprecedented effect on global stock markets, the Securities and Exchange Commission of Pakistan  in consultation with market stakeholders and market infrastructure institutions, has decided that for the April 2020 contract, a short sale in 36 specific shares of the futures market shall be subject to an uptick rule. This will ensure the provision of a required prior notice period to the market and retain liquidity in the rollover week. The uptick rule means that the shares of that relevant scrip have to be sold at a price higher than the last trade not lower. Further, to support the mutual fund industry, the maximum period of borrowing by mutual funds for redemption purposes will be extended from existing 90 days to 360 days. Moreover, the commission has allowed relaxing deposit requirements against the base minimum capital of TREC holders. The requirement to perform biometric verification at the time of opening of the account is eased and ...
Post a Comment
Read more