Our Correspondent
Lahore
Punjab Minister for Industries and Trade Mian Aslam Iqbal has said that the provincial government is encouraging trade and investment in the province.
He stated this while talking to a representative of the Chinese company Oreal Ceramics Wo Jianbin who called on him at the PBIT office on Tuesday and discussed matters relating to investment promotion in the province. Director PBIT Suhail Saleem was also present.
The Chinese company has shown interest in investing in the tile industry in Bhalwal Industrial Estate and production capacity can be increased if the additional supply of electricity and gas is provided. It also demanded to provide 50-acre land for setting up a new industrial unit.
Aslam Iqbal welcomed the new investment plans and reiterated that the promotion of investment is the top priority of the government. The government will provide every possible facility to maximize the investment in the province, he added.
The provincial minister directed the relevant officials to provide every possible facility to the Chinese company for setting up a new industrial unit. The new investments help in poverty alleviation and overcoming the chronic issue of unemployment in the province, he concluded.
Meanwhile, He directed the relevant officials to provide every possible facility to the Chinese company for setting up a new industrial unit.
The new investments helped in poverty alleviation and overcoming the chronic issue of unemployment in the province, he observed.
