Provincial Industries & Trade Minister Mian Aslam Iqbal has said that PTI government has laid the foundation of industrial revolution by initiating work on special economic zones (SEZs).
He expressed these views in a statement issued on Monday and disclosed that employment opportunities for more than five lac people will be created by this mega project.
He maintained that Quaid-e-Azam Business Park to be established on 1536 acres of land near motorway is an important milestone with regard to promoting industrial progress. Aslam Iqbal maintained that with the establishment of 563 industrial units in Quaid-e-Azam Business Park will promote business activities in the area.
He highlighted that the process of industrialization has been expedited to generate employment opportunities. He vowed that we would achieve the goal of national progress and prosperity with the promotion of industrialization. He informed that 13 special economic zones are being established on thousands of acres of land across the province and added that industrial infrastructure of international standard is being provided in these special economic zones.
The minister apprised that those establishing industrial units in the special economic zones will be given ten years tax exemption along with exemption from paying duty to import machinery for the first time. Aslam Iqbal underscored that investment worth Rs 250 billion is expected in the Quaid-e-Azam Business Park and one window operation facility for the industrialists will also be provided.
He informed that the facility of multi-purposed industrial complex, emergency services and factory outlets will also be provided. Aslam Iqbal emphasized that development work in the Quaid-e-Azam Business Park will be briskly completed.
