Categories: Business

SCCI calls for revamping institutions to promote industrialisation

F.P. Report

PESHAWAR: Sarhad Chamber of Commerce and Industry (SCCI) president Muhammad Ishaq stressed the need for revamping of relevant public sector institutions to promote industrialization in Khyber Pakhtunkhwa. The chamber president asked the government to take pragmatic steps toward resolution of issues that were creating hurdles in industrialisation in the province.

Muhammad Ishaq made these remarks while talking to secretary industries, commerce and technical education, government of Khyber Pakhtunkhwa Amir Sultan Tareen during his visit to the chamber house here on Wednesday.

Apart of SCCI vice president Ejaz Khan Afridi, Smeda provincial chief Rashid Aman, the senior officials of the industries department including AD M. Jamil Khan, Economic Advisor Munir Gul, Director General Iftikhar Ahmad, and Deputy Director IC&T Peshawar Wajid Aman were present during the meeting.

Industrial sector is reeling owing to negligence of the government in Khyber Pakhtunkhwa, says SCCI chief. He called for taking proactive steps to resolve industrialists’ problems on priority grounds.

Furthermore, he demanded special incentives and facilities to be extended to the business community/manufacturers in order to make the dream of industrialization come true with real spirit and sense in the province.

Ishaq apprised that secretary industries that industrialists have highly perturbed because of ‘unnecessary’ actions and issuance of notices by authorities concerned, which has forced them to shift the production units to other provinces.

He urged the government to avoid imposing ‘industries-hostile’ policies and take practical measures to grow the industrial sector at an optimal level.

Amir Sultan Tareen while giving full assurance to resolve business community/industrialists issues on priority basis said that practical steps have been taken for industrialisation and bringing reforms in the relevant subordinate institutions of the industries department in the province.

The senior official said the government is providing all facilities and incentives to boost up industrialisation. He went on to say that the business community has played a pivotal role in economic prosperity and development in the country.

Amir Sultan, on the occasion asked the business community to generously extend donations into funds which have been set up for devastating earthquake victims of Turkiye.

Ishaq said the chamber will make full efforts to convince members to extend maximum donations in the funds, which is being established for quake victims Turkiye and Syria.

Earlier, the SCCI chief apprised the secretary industries about business community/industrialists reservations about ‘unwarranted’ actions, issuance of notices and enforcement of ‘anti-industries’ policies by authorities concerned.

The chamber president asked for prioritizing revival of industries, trade, businesses and export to bring economic stability and get rid of Pakistan from depending on foreign aid and make it an economically ‘self-reliant’ country.

The Frontier Post

Recent Posts

Gold prices hit record high as global market surges

F.P. Report KARACHI: Gold prices have shot through the roof, touching the highest level in…

14 minutes ago

Global long-dated bond pressure deepens, spreading to Japan

TOKYO (Reuters): Aglobal pressure on long-dated bonds extended into Asia on Wednesday, with Japanese yield…

16 minutes ago

UK deputy PM urged to resign after admitting property tax underpayment

LONDON (Reuters): Angela Rayner, the deputy British prime minister, faced growing calls to resign on…

16 minutes ago

EU submits Mercosur deal for approval, French opposition softens

BRUSSELS (Reuters): The European Commission on Wednesday submitted the EU's trade agreement with South America's…

17 minutes ago

Hanif, UN officials discuss expediting aid to quake victims

Kabul (Pajhwok): The Ministry of Economy (MoE) has urged the international community to continue its…

32 minutes ago

Kabulov: ISIS Is the most dangerous international terrorist group

KABUL (TOLONews): Russia’s special envoy for Afghanistan says that, from Moscow's viewpoint, the most dangerous…

32 minutes ago

This website uses cookies.