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Call to declare Katar Bund Road: Industrial area as Estate

The Lahore Chamber of Commerce and Industry (LCCI) on Tuesday appealed to the Chief Minister Punjab to declare Katar Bund Road Industrial area as Industrial Estate as despite paying billions rupees to the national exchequer, the area is without even the basic amenities.

LCCI Vice President Syed Mahmood Ghaznavi raised the demand after having a meeting with the delegation of Katar bund Road Industrial Association led by its Vice President Mian Nawaz here at the LCCI. The LCCI Vice President said that it seemed that the Katar Bund Road industrial area does belong to the Punjab government as despite being at a few kilo meters away from Thokar Niaz Baig, it has completely broken roads and no sewerage system and lack of facilities that always discourage foreign and local buyers. He said that government should focus on improving the infrastructure and law and order situation in this industrial area and dacoities and theft are order of the day.

Copyright Business Recorder, 2014



 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln