April 05, 2014- Pakistan Today
*CM says steps being taken to revolutionise province
Lahore: Punjab government is implementing a comprehensive programme for speedy economic development of the province and Development Strategy 2018 is being formulated with consultation of experts for increasing growth rate in the Punjab, said Punjab Chief Minister Shahbaz Sharif while talking to a delegation of the World Bank on Friday. Development projects and measures for improvement of various sectors were discussed on the occasion.
During the meeting, the World Bank authorities and the Punjab government agreed to promote cooperation in light manufacturing, urban developments, agri business, mining, IT and skill development sectors. The chief minister said that economic development is necessary for generation of new job opportunities and strengthening of foundations of economy. He said that the government is taking solid measures for achieving the targets of economic development. He said that the Quaid-e-Azam Apparel Park is being set up near the Motorway and investors associated with garments sector would be provided all necessary facilities under one roof in the apparel park.
He said that the Quaid-e-Azam Apparel Park would help strengthen the textile sector and increase exports. He said that establishment of the Apparel Park is of vital importance after the granting of the GSP Plus status to Pakistan. He said that the GSP Plus status has given free access to Pakistani textile products to international markets. He said that a conducive atmosphere has been created in the province for investment while local and foreign investors are being fully encouraged.
The chief minister said that there is a vast scope of development in agriculture, livestock and dairy farming sectors and increase in the export of livestock and Halal products. He said that Pakistan can earn huge foreign exchange through development of these sectors. He said that energy is essential for industrial process and the government is making rapid progress under a comprehensive planning for resolving energy shortage. He said that reform programmes are being implemented for development of education, health and social sectors. The chief minister appreciated cooperation of the World Bank in the progress of different sectors in Pakistan.