Infrastructure development in Punjab to boost economy

F.P. Report

LAHORE: Lahore Chamber of Commerce & Industry has lauded the infrastructure development projects in Punjab, which will bring economic activities in the province.

In a statement, issued on Thursday , LCCI President Malik Tahir Javaid has said  that infrastructure development in Punjab has attracted investors and they are keen on developing infrastructure related projects in this province.

Such initiative by the governments of other provinces would not only give huge financial benefits to them but would also boost the living standards of their citizens.”

LCCI President said that finest quality and efficient infrastructure is critical to the development of industry, agriculture and trade throughout the world and most of these generate high returns and contribution to the trade and economic activities, employment and government revenues.

He said that critics are criticizing infrastructure development projects in Punjab that is against the ground realities and just an attempt to murk benefits of these good initiatives of Punjab government.

He said that Pakistani economy required huge investment in infrastructure. He said that instead of criticizing the development in Punjab, government of other provinces should follow the suit.

He said that Pakistan will not be able to sustain its current levels of population and economic growth without enhancing infrastructure.