PM Khan Links Pakistan’s Prosperity with Industrial Development

industrial development

PM Khan links the prosperity of Pakistan with industrial development. On Wednesday he said that the progress and prosperity of the nation are dependent upon industrial development and emphasized upon offering all the facilities to this sector.

As per the shared details, he stressed on the need to resolve issues being faced by the industrial sector, especially the small and medium industries, while keeping in view the current financial situation and the negative impacts caused by the coronavirus pandemic.

The prime minister was chairing a meeting that discussed industrial development and underlined issues being faced by the small and medium enterprises, the PM Office’s media wing said in a press release.

The meeting was attended by Industries Minister Hammad Azhar, Planning and Development Minister Asad Umar, Energy Minister Omar Ayub, Adviser to PM on Commerce Abdul Razak Dawood, Special Assistants to PM Nadeem Babar and Tabish Gohar, and secretaries of finance, energy, and petroleum divisions.

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PM Khan took stock of the issues faced by the small industries, which includes the expensive electricity, and considered various proposals in this regard.

Imran Khan observed that expensive power was the main hindrance in the development of small industries, as it increased their production cost. Indigenous products could not compete with the foreign stuff under the current circumstances, he added.

Welcoming various proposals for the promotion of the industrial process, the PM stressed the need to make all-out efforts to fully utilize the current resources and capacities.

He also asked the officials to give a final shape to proposals regarding energy issues faced by the industrial sector so that these could be implemented at the earliest.

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