Staff Reporter
Islamabad
Government is committed to promote industrialization in the country as a priority matter considering it as the most effective tool to sup up economic growth, create jobs and enhance exports.
This was stated by President Dr. Arif Alvi at the prestigious 8th Achievement Awards ceremony of the Federation of Pakistan Chambers of Commerce and Industry held at Islamabad.
President Alvi acknowledged the concerns of the business community put forth by Mian Anjum Nisar, President FPCCI and assured that the government is primarily focused to enhance the promotion of trade in the country and will introduce better economic measures in consultation with FPCCI for the betterment of the private sector in line with the ease of doing business policies of the country.
Dr. Arif Alvi congratulated FPCCI for organizing Achievement Awards while terming it as an effective platform to acknowledge the contribution of the achievers in various socio – economic sectors.
Mian Anjum Nisar, President FPCCI in his welcome address appreciated the President Alvi for his keen interest and cooperative support to address the concerns of the business community. He stated that despite the complications in the current global scenario and challenges aroused from Covid, the efforts of the award winners for the promotion of Pakistan are highly commendable.
As a representative of the business community of the country, he highlighted the issues and challenges faced by the business community and demanded of the Government to take proactive and effective measures to reduce cost of Production, provision of fiscal incentives to bring electricity cost to 6-7cents per unit, enabling the industry to compete in both domestic and international market, support to agriculture sectors and products and markets diversification for Halal products, Horticulture, Livestock and Fisheries.
He also called attention of Dr. Arif Alvi to the potential in organized farming, subsidy to seed production and hybrid seed and establishment of accredited labs He appreciated the Government for new agreements with IPPs, which would not only reduce electricity price substantially but also reduce circular, which was effecting the industry output.
The gathering was also addressed by Dr. Abdul Hafeez Sheikh, Advisor to Prime Minister on Finance and Revenue Affairs and Hammad Azhar, Federal Minister for Industries & Production who highlighted the economic achievements of the federal government despite the pandemic.
