New Investment will be encouraged in Power Generation Sector: Minister Industries & Trade


Provincial Minister for Industries & Trade Mian Aslam Iqbal today presided over a meeting at Punjab Board of Investment & Trade in which steps taken for the provision of energy requirements of industrial estates and other issues were reviewed. CEO PBIT Jehanzeb Burana,Chairman Punjab Industrial Estates Development and Management Company Shoaib Zahid and other concerned officers attended the meeting. Issues regarding provision of electricity through Captive Power Plant in industrial estates was also discussed in the meeting. While addressing the meeting, Provincial Minister said that colonization of industrial estates is important part of our industrial development plan and steps are being taken vigorously in this connection. He said that federal government will also be contacted for the provision of energy needs of the industries. New job opportunities will be created through the promotion of industrial sector, he added. Mian Aslam Iqbal said an effective strategy has been evolved for the development of new industrial estates and special economic zones. New era of industrial development will be ushered by establishing new industrial states in the province. He said Punjab will be made an attractive place for investment and such atmosphere will be provided that investors could invest without any fear. He said that lives of the poor will be changed by accelerating the pace of economic development. New investment will be encouraged in power generation sector, he concluded.