Improved infrastructure will reduce cost, boost exports

Multan

President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain said Multan is an important city of the country but its economy has been taken as a hostage by the middlemen. The government should take steps to reduce the role of intermediaries which will reduce the cost of doing business and trigger economic activities as well as much-needed exports, he said. Mian Zahid Hussain said that Multan was a known trading and industrial hub before partition but it gradually lost the significance despite the fact that many leading politicians of the country belong to this area. The issues hindering the growth of the area include lack of energy and hike in its price; weak infrastructure, improper storage facilities and a dry port which badly needs up gradation. He said that the city has become important due to CPEC and government should take steps to improve the situation with the active consultation of Multan Chamber of Commerce and Industry. —PR

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