Lahore: Prime Minister Imran Khan has said that the new industrial package will provide incentives for investment in the small and medium sector and information technology among other sectors and restoration of sick industries.
Prime Minister @ImranKhanPTI attends a ceremony in Lahorehttps://t.co/AHfID6oEzP
— Radio Pakistan (@RadioPakistan) March 1, 2022
While announcing the new industrial package in a ceremony held in Lahore, the Prime Minister said that the new package investment opportunities to millions of overseas Pakistanis, and will be given five years tax holiday on bringing investment to the country.
“Our industrial sector will progress only when overseas Pakistan invests in the country. He said that this industrial package should have been announced much earlier in the past,” Khan said.
The Premier said, “small investors are being facilitated to boost economic activities in the country, and a country can progress only based on industrial development and manufacturing base.”
Mentioning the perils of nationalization of industries in the 70s Imran Khan said, “Pakistan was progressing in the industrial sector till fifty years ago. However, industrial progress was ruined due to the industrial nationalization process in the early 70s.”
Khan said, “all possible investment opportunities are being provided to overseas Pakistanis.”
Prime Minister further said, “providing incentives to the IT sector was the need of the hour, and the first time the IT sector has been provided incentives in this package.
