Prime Minister Imran Khan announces industrial package

LAHORE, Pakistan: Prime Minister Imran Khan on Tuesday announced the new Industrial Package to give impetus to the business activities in the Country.


In his address while announcing the Industrial Package in a Ceremony in Lahore, the prime minister said that it will provide incentives for investment in the Small & Medium Sector and Information Technology among other Sectors and restoration of Sick Industries.

The prime minister said that the package will also provide investment opportunities to nine million Overseas Pakistanis, who will be given five year tax holidays on bringing investment to the Country.

The prime minister said that our Industrial Sector will progress only when Overseas Pakistan invests in the Country. He said that the Industrial Package should have been announced much earlier in the past.

Imran Khan said that small investors are being facilitated to boost economic activities in the Country. He said that a Country can progress only on the basis of industrial development and manufacturing base.

The prime minister further said that providing incentives to the IT Sector was the need of the hour, and the first time, the IT Sector has been provided incentives in the package.

Separately, Prime Minister Imran Khan also met the Punjab Chief Minister Sardar Usman Buzdar who briefed the former about developmental projects being carried out across the province.

Talking to Usman Buzdar, the prime minister directed to take effective measures for the provision of maximum relief and ensuring the delivery of quality services to common man in Punjab.

Imran Khan also instructed to protect the rights, lives and property of people and to take stern action against the encroachers, hoarders and miscreant elements in the society.

In Lahore, Prime Minister Imran Khan will also hold meetings with the Parliamentarians from Rawalpindi, Bahawalpur, Multan and Sahiwal Divisions.

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