Concrete measures afoot for industrial development: Senate told

BusinessConcrete measures afoot for industrial development: Senate told

ISLAMABAD, Pakistan: Minister for Climate Change Zahid Hamid said on Wednesday the Ministry of Industries and Production had initiated a number of projects for industrial development in the country.

Replying to a question on behalf of minister for Industries and Production in the Senate, he said the objectives targeted in Public Sector Development Programme aimed at revival of the industrial sector through 18 projects worth Rs 26.935 billion.

He said these projects would focus on Innovation and efficiency in industrial sector, reducing un-employment and poverty by creating new jobs, building high skilled human capacity through targeted worker skills development programs, common training facilities and common machinery pools.

He said the amount was also being spent on development of emerging sectors like Gem and Jewellery and stone development, targeted development of small and medium business entities, Industrial infrastructure development through development of Industrial Estates.

Transfer of Technology, Value addition and diversification of products would also be taken as part of these development measures.

He also informed that the Ministry had initiated three projects for establishment of Industrial Estates in Balochistan to promote industries and uplifting of the socio-economic activities.

Mati
Mati
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