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Buzdar inaugurates Chief Minister's Investment Facilitation Cell to 'attract investors'

Lahore: Punjab Chief Minister Sardar Usman Buzdar on Thursday inaugurated the chief minister’s investment cell.

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Buzdar inaugurates Chief Minister's Investment Facilitation Cell to 'attract investors'
GNN Media: Representational Photo

Speaking at the ceremony, the CM said Punjab had emerged as the best choice for Chinese investors as $1.5 billion investment has been made by Chinese investors in a period of three years.

"The biggest Chinese garments group “Challenge Fashion” is going to invest $150 million in Punjab. This cell will take every possible step to facilitate the investors while ensuring that no bureaucratic hurdle could create any hurdle," he added.

Buzdar further said the cell would also help the investors to have direct access to high government officials to remove any restriction in their investment., adding the government is going to introduce a zero NOC policy to encourage business activities.

‘Challenge Fashion’ has been issued NOC in 14 days under this policy, he pointed out and maintained that more than 20 thousand new job opportunities were being created due to business-friendly initiatives of the government.

The boards of Punjab Industrial Estates Development and Management Company and Faisalabad Industrial Estates Development and Management Company have been fully functionalized to provide better facilities to the investors.   

The CM said the government was striving hard to promote trade and industry. It has issued 10 cement plant NOCs while the approval of as many applications is in process, he continued.

Similarly, there were only two special economic zones before the PTI government but this government has started work on 12 special economic zones while the industrialization process has been started in 8 new SEZs. Similarly, 4 industrial estates were being given the status of SEZs, he stated.

Alongside, Punjab Rozgar Programme has started with the collaboration of BOP to provide 30 billion rupees loans to the needy youth. The government was also providing modern agri equipment to the small farmers on subsidized rates to promote agriculture and livestock sectors, the CM stated. Kisan cards have been issued to farmers, he noted. 

The Punjab government was also taking part in the Dubai Expo to showcase to the world the strong socio-cultural and economic potentials of the province; he said and handed over NOC to CEO 'Challenge Fashion' Ms Karen. 

Industries Minister Mian Aslam Iqbal said besides setting up 9 special economic zones, numerous steps have also been taken to arrange facilities for investment. Single challan farms will be issued to industrialists for payment of taxes as all taxes relating to industry were being integrated, he disclosed.

Finance Minister Hashim Jawan Bakht stated that ease of doing business has been ensured adding that a conducive environment was arranged for investment.

This has helped in increasing investment in the province, he added. SAPM for CPEC Khalid Mansoor stated that tremendous facilities have been created for investors by the Punjab government and added that this cell would play a key role in this regard.

The zero NOC regime would enhance investment, he added. Ms Karen thanked the PM and CM Punjab for extending full support to set up a facilitation cell and disclosed that her company was establishing an industrial park over an area of 100 acres to create a number of job opportunities. Qamar Khan also spoke on this occasion. 

Chinese Consul General, provincial ministers, SACM Hasaan Khawar, MPAs, Chinese investors, businessmen, administrative secretaries and others were also present. 

Faisal Ali Ghumman

Faisal Ali Ghumman is a senior editor at GNN, known for writing top quality content which garner very high readerships and has been covering every field of journalism, including politics, media, sports and scholarly articles. Faisal Ali Ghumman is nothing less than a Veteran Editor and has been writing for GNN for the past 4 months.

Pakistan

As fourth wave continues, Pakistan reports over 1000 cases, 27 deaths

According to National Command and Operations Center (NCOC), around 1,086 cases of coronavirus were reported while 27 people succumbed to the disease in the last 24 hours, taking the total death toll to 28,228.

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As fourth wave continues, Pakistan reports over 1000 cases, 27 deaths

Islamabad: Pakistan is presently experiencing the fourth wave of coronavirus which is said to be deadlier and more contagious than the previous three COVID waves.

According to National Command and Operations Center (NCOC), around 1,086 cases of coronavirus were reported while 27 people succumbed to the disease in the last 24 hours, taking the total death toll to 28,228.

The total number of cases has reached 1,262,771.

As many as 1,194,590 patients have recovered from the disease with 2,132 critical cases.

Punjab

The number of patients swelled to 437,316 in the province with 12,821 causalities.

Sindh

The number of infections has surged to 464,746 in the province, while the death toll has reached 7,520.

Khyber Pakhtunkhwa

The confirmed cases have surged to 176,501 in the province with 5,673 casualties.

Balochistan

There are 33,108 confirmed cases while 352 patients have died from the infection so far.

AJK and Gilgit-Baltistan

There are 34,380 coronavirus cases in the AJK while the death toll has reached 740. On the other hand, there are 10,363 cases in GB with 186 coronavirus deaths.

Islamabad

There are 106,357 cases in the capital city while 936 people have lost their lives. 

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Pakistan

34 more succumb to COVID-19 in Pakistan; 1,656 new cases emerge 

Pakistan is presently experiencing the fourth wave of coronavirus which is said to be deadlier and more contagious than the previous three COVID waves. Today, the daily positivity rate in-country is at 3.26%.

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34 more succumb to COVID-19 in Pakistan; 1,656 new cases emerge 

Islamabad: Pakistan is presently experiencing the fourth wave of coronavirus which is said to be deadlier and more contagious than the previous three COVID waves. Today, the daily positivity rate in-country is at 3.26%.

According to National Command and Operations Center (NCOC), around 1,656 cases of coronavirus were reported while 35 people succumbed to the disease in the last 24 hours, taking the total death toll to 27,785.

The total number of cases has reached 1,249,858.

As many as 1,175,489 patients have recovered from the disease with 3,444 critical cases.

Punjab   

The number of patients swelled to 432,809 in the province with 12,672 causalities.

Sindh

The number of infections has surged to 459,392 in the province, while the death toll has reached 7,425.

Khyber Pakhtunkhwa

The confirmed cases have surged to 174,490 in the province with 5,571 casualties.

Balochistan

There are 32,956 confirmed cases while 349 patients have died from the infection so far.

AJK and Gilgit-Baltistan

There are 34,216 coronavirus cases in the AJK while the death toll has reached 738. On the other hand, there are 10,331 cases in GB with 184 coronavirus deaths.

Islamabad

There are 105,664 cases in the capital city while 927 people have lost their lives.

Continue Reading

Pakistan

17 more succumb to COVID-19 in Pakistan, toll at 28,269

Pakistan is presently experiencing the fourth wave of coronavirus which is said to be deadlier and more contagious than the previous three COVID waves.

Profile Avatar

Published

on

17 more succumb to COVID-19 in Pakistan, toll at 28,269

Islamabad: The novel coronavirus claimed 17 more lives in Pakistan during the previous 24 hours, raising the death toll to 28,269.

Pakistan is presently experiencing the fourth wave of coronavirus which is said to be deadlier and more contagious than the previous three COVID waves.

According to National Command and Operations Center (NCOC), around 720 cases of coronavirus were reported while 17 people succumbed to the disease in the last 24 hours, taking the total death toll to 28,269.

The total number of cases has reached 1,262,771.

As many as 1,194,590 patients have recovered from the disease with 1,958 critical cases.

Punjab

The number of patients swelled to 437,316 in the province with 12,821 causalities.

Sindh

The number of infections has surged to 464,746 in the province, while the death toll has reached 7,520.

Khyber Pakhtunkhwa

The confirmed cases have surged to 176,501 in the province with 5,673 casualties.

Balochistan

There are 33,108 confirmed cases while 352 patients have died from the infection so far.

AJK and Gilgit-Baltistan

There are 34,380 coronavirus cases in the AJK while the death toll has reached 740. On the other hand, there are 10,363 cases in GB with 186 coronavirus deaths.

Islamabad

There are 106,357 cases in the capital city while 936 people have lost their lives.

Continue Reading

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