Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Vice President Riaz Khattak has said that the Khyber Pakhtunkhwa (KP) government should grant the same facilities to the existing industries which was approved in new industrialisation policy by the provincial government.
Chairing a meeting at FPCCI regional office on Wednesday, Riaz Khattak said the KP chief minister should revisit on its new industrial policy and grant the same incentives in terms of concession of new industrial loans and tariff on electricity for the level-playing field.
However, he hailed the decision of the KP government for formulation of new industrial policy which was need of the hour and it also helped for the revival of industrialisation in KP.
Riaz Khattak said that waiver of NOC for setting up new industries, grant of sizeable concession on industrial loans and 25 per cent subsides on purchase of land and electricity tariff was a good step which may help to achieve the economic targets.
FPCCI Chairman Regional Standing Committee on Horticulture Exports Ahmad Jawad said that a commitment of Pakistan Tehreek-e-Insaf and KP government towards industrialisation would help to generate the required economic activity in the province.
He told that it was high time for KP government to provide due attention of its horticulture and agriculture sector which was a life line of its economy. The KP govt had immense potential in the exports of fresh fruits and vegetables but unfortunately the lack of infrastructure was hampering the potential of exports. He suggested that the provincial planning commission might provide required PSDP projects for the revival of horticulture sector in its upcoming budget.
Jawad also told that close liaison between the KP planning commission and the FPCCI was much needed for the transformation of agriculture industry.
