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Pakistan

FCCI demands taskforce to revive industrial units

Published December 3, 2018 Updated December 3, 2018 02:13pm

FAISALABAD: President Faisalabad Chamber of Commerce and Industry (FCCI) Syed Zia Alumdar Hussain Monday demanded establishment of a task force to suggest ways for reviving the sick industrial units. Talking to APP, he said that the country's economy has potential to grow at a much faster pace if the government provides facilitation to the private sector.

He said business community had submitted a number of suggestions but the previous government did not honour its commitments. He lauded the present government which was striving hard to encourage the exports.

The FCCI president said that billions of dollars had been invested in land and infrastructure of the sick units which could be made productive with few policy decisions.

He said that revival of such units would also generate 300,000 job opportunities. For the purpose, he stressed the need to constitute a task force to work for revival of the sector.

 

Copyright APP (Associated Press of Pakistan), 2018

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