CM Punjab to open special investor portal at Dubai Expo

LAHORE: Provincial Minister for Industries & Trade Mian Aslam Iqbal has said that 20 departments including Industry and Commerce, Energy, Agriculture, C&W and Livestock will participate in Dubai Expo at different times. Through this important event, the soft image of the country and investment opportunities in Punjab will be highlighted. Punjab government is sending 25 boys and girls registered as a new startup to Dubai Expo at its own expense and these talented boys and girls will share their ideas at Dubai Expo.

These views were expressed by Provincial Minister for Industries & Trade Mian Aslam Iqbal while addressing a press conference at the DGPR office, here today. Special Assistant to Chief Minister for Information Hasaan Khawar, Secretary of Industry and Commerce Dr. Wasif Khurshid, CEO Punjab Board of Investment & Trade Dr. Erfa Iqbal and DGPR Saman Rai were also present on the occasion. The Provincial Minister for Industries and Commerce said that Chief Minister Sardar Usman Buzdar will inaugurate the special investor portal “Punjab ease” at Dubai Expo and this portal is prepared by PBIT. Seminar panel discussion, business forum, international business conference and other events will be organized at Dubai Expo. This event will be made fruitful in bringing new investment in Punjab, he added. Provincial Minister said that support is being provided to export-oriented SMEs. Investor-friendly policy according to the vision of Prime Minister Imran Khan and Chief Minister Usman Buzdar are giving positive results. Investment of billions of rupees has come in the special economic zones and industrial estates of Punjab. He said the Punjab government has been taken concrete steps to facilitate businesses and investors. Punjab is the first province who is abolishing NOC for investments. Responding to question from media persons, the provincial minister said that the rise in the prices of petroleum products around the world has also affected Pakistan. The government benefitted the farmers to the tune of 1100 billion by increasing the support price of wheat. The government is also launching the targeted subsidy program for the benefit of the common men. The price of a 20KG bag of flour in Punjab is Rs.1100.00 while in Sindh it is Rs.1600.00. The price of sugar is decreasing in Punjab due to the arrival of imported sugar. He said that Punjab play the role of big brother by purchasing wheat and meeting the needs of Islamabad and other provinces. The Sindh government should realise its responsibility instead of throwing the rubble of inflation on the federal government as price control is the responsibility of the provincial governments. The effects of economic activities are always trickledown. Responding to a question, Mian Aslam Iqbal said that allotment of plots in industrial estate which have not started construction in six months is being cancelled.