LAHORE: Punjab Finance Minister Makhdoom Hashim Jawan Bakht has announced that the Punjab government will set up a software technology zone in Lahore to increase exports and create employment opportunities.
An inaugural function was held at the Lahore Chamber of Commerce and Industry (LCCI) here on Wednesday with Bakht as the chief guest. LCCI President Mian Tariq Misbah, Senior Vice President Muhammad Nasir Hameed Khan, Vice President Tahir Manzoor Chaudhry, Former President Mian Misbah-ur-Rehman and Bank of Punjab President Zafar Masood were also present on the occasion.
Bakht said Lahore was going to be a major hub for business activities in the future and all kinds of resources would be utilized for business development here.
“The government has received Rs26 billion from the auction of the Central Business District in Lahore. The LCCI proposals will be included in the annual development plan and RS 10 billion has been allocated for this purpose. The role of LCCI has always been positive. The government has adopted a strategy for the development of the industrial sector so that it can create employment opportunities for a wide range of people,” he said.
The minister further added that the private sector has an important role to play in the development of the economy while the job of the government is to provide business facilities.
“Both the public and private sectors have to work hard, and economic prosperity is not possible without industrial development,” he added....
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