Industrialists demand new Industrial Zone in Islamabad to promote industrialization : AsiaNet-Pakistan

Industrialists demand new Industrial Zone in Islamabad to promote industrialization

October 9, 2019 | General Business News | Share:

Islamabad, October 09, 2019 (PPI-OT): A delegation of Islamabad Industrial Association led by its Senior Vice President Mirza Muhammad Ali visited Islamabad Chamber of Commerce and Industry and during a meeting with Muhammad Ahmed Waheed President ICCI highlighted the key of local industry. Khalid Javed, Tariq Sadiq, Ch. Waheed ud Din, Mian Shaukat Masud, Shaban Khalid, Zikria A. Zia, Sheikh Afzal, Umais Khattak and others were in the delegation. Tahir Abbasi Senior Vice President and Sai fur Rahman Vice President ICCI were also present at the occasion.

Addressing the delegation, Muhammad Ahmed Waheed, President, Islamabad Chamber of Commerce and Industry said that being an industrialist, he was fully conversant with the major issues of industry and would play role to mitigate the problems of industrialists. He said that the existing industrial areas in Islamabad have no more space to set up new industrial units in Islamabad.

He appealed to the government to establish a new Industrial Zone in the federal capital in consultation with ICCI to promote investment and industrialization. He also requested the Chairman CDA to upgrade industrial building byelaws to facilitate the growth of industrial activities. He assured to the delegation that ICCI cooperate in resolving key issues of local industry.

Speaking at the occasion, Mirza Muhammad Ali, Senior Vice President, Islamabad Industrial Association highlighted the major issues of industry areas. He said that CDA and MCI were not focusing on the development of industrial areas due to which street lights were not working, footpaths were broken while the condition of sewerage and sanitation was miserable. He said that the tussle between CDA and MCI has increased the problems of industries.

He said that local industrial units were already facing many problems while CDA and MCI have increased tax rates on them which have enhanced the difficulties for industrial sector. He called upon the CDA and MCI to rationalize heavy taxes on industries and take remedial measures for resolving other key issues of industrial units in order to facilitate the growth and promotion of local industry. He said promotion of industry would bring multiple benefits to the economy as it would create new jobs, improve tax revenue and increase exports.

For more information, contact:
Islamabad Chamber of Commerce and Industry (ICCI)
Chamber House, Aiwan-e-Sanat-o-Tijarat Road,
Mauve Area, G-8/1, Islamabad, Pakistan
Tel: +92-51-2250526, 2253145, 8432676
Fax: +92-51-2252950


Category: General Business News