Federal government committed to take appropriate measures to boost up industrial sector in the country: Sartaj Aziz

Deputy Chairman Planning Commission of Pakistan Mr. Sartaj Aziz said that the federal government is committed to take up on priority the problems faced by the local industry and manufacturing sector in Pakistan and to take appropriate measures to boost up industrial sector in the country, he maintained this while talking to the delegation of Lahore Chamber and Industry headed by Mr. Tahir Javed, President LCCI.

The meeting discussed various proposals to address issues faced to the local industry in Pakistan. Mr. Sartaj Aziz said that the government had always believed to solve these issues considering proposals envisaged by and taking on board the stakeholders of the relevant srctor. The Deputy Chairman further maintained that there was a dire need to promote competitiveness and ensure quality of products following globally acknowledged standards of manufacturing and pricing. Mr. Sartaj Aziz said that for the first time during the last decade the government brought loadshedding of the industrial sector to zero level. The basic purpose behind this initiative was to revive our ailing industry and boost up industrial production to compete the contemporary world. He said that the government was completely aware of the problems faced by different sectors but at the same time it was responsibility of our industry to bring innovation to ensure competitive edge to stay on par with the rest of the world.

The deputy chairman informed the delegation that the government was taking appropriate measures to increase exports and help the industry to reduce production costs. Similarly, the government was also focusing on the services sector which would ultimately result in boosting economic growth rate. Deputy Chairman, Sartaj Aziz said that special focus on services sector is being paid to increase economic growth. Value edition in all sectors, including agriculture, can increase demand for domestic products. He said that focus on priductivity, quality, and innovation could bring more value and open up vista of opportunities for Pakistani Industry with increased global access to our products.

Sartaj Aziz maintained that the government was planning to establish export processing zones under CPEC framework that would enable right estimation of demand of our products, increase in industrial products and timely access to the targetted market.

Sartaj Aziz said that modernization of communication, road networks and railway infrastructure would not only ensure better and fast transportation of industrial products and the raw material but  it would also minimize final cost of the end products.