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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 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln