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Business

CM Maryam assures LCCI of full support for industrialization, business growth

CM Maryam assures LCCI of full support for industrialization, business growth
LAHORE, Oct 29 (APP): Punjab Chief Minister Maryam Nawaz here Thursday assured Lahore Chamber of Commerce and Industry (LCCI) of all possible support in resolving its issues being faced by the business community, promoting industrialization and improving the business environment, saying that the provincial government was accelerating digitalization and removing bureaucratic hurdles to make Punjab a business-friendly province.
The Chief Minister expressed these views during a meeting with LCCI President Ali Hussam Asghar where LCCI President highlighted the matters of district economy, PERA Force, proposed changes in rules and regulations, betterment of business community, industrialization and investment promotion.
CM Maryam Nawaz congratulated Ali Hussam Asghar on his election as LCCI President and extended her best wishes to him. She said the government was committed to address the concerns of traders and industrialists and would take all possible measures to resolve the issues faced by the business community.
She said that digitalization was progressing rapidly as part of the government’s efforts to make Punjab more business-friendly. The introduction of the eBiz initiative was aimed at facilitating traders, industrialists and investors by making business-related processes easier and improving access to government services.
The Chief Minister said the provincial government was working to remove red tape and administrative obstacles that could hinder industrialization. She emphasized the importance of creating a supportive environment in which businesses could operate more efficiently and investors could explore new opportunities in Punjab.
CM Maryam Nawaz assured the LCCI delegation that its actionable proposals and recommendations concerning the business community would be considered for implementation. She reiterated that the government would continue taking steps to facilitate businesses, resolve their concerns and promote industrial and commercial activities across the province.
LCCI President Ali Hussam Asghar appreciated the public-friendly initiatives of the Punjab government and said that Chief Minister Maryam Nawaz Sharif and her team were demonstrating commendable performance in the province.
He particularly appreciated the chief minister’s efforts to maintain law and order, observing that a peaceful environment was essential for business continuity, investor confidence and economic growth. He said improved security and a conducive business climate could help encourage investment and strengthen commercial activities.
Ali Hussam Asghar said that the welfare of the business community and the resolution of its issues were important for sustainable economic progress. He appreciated the government’s focus on digitalisation, the introduction of eBiz and efforts to remove administrative barriers to industrial development.
He informed the Chief Minister that the Lahore Chamber of Commerce and Industry had proposed amendments to three laws with the proposed changes being handed over to the Speaker Punjab Assembly.
The LCCI president also underscored the importance of continued coordination between the government and the business community, saying that consultation with traders and industrialists could help identify practical solutions to business-related challenges. He expressed hope that the implementation of workable proposals would further improve the business environment and facilitate investment and industrial expansion in Punjab.
LCCI President Ali Hussam Asghar called for stronger coordination between the government and the business community to ensure that policies reflected ground realities and delivered practical benefits to traders and industrialists. He stressed that timely resolution of business-related issues, a transparent regulatory framework and investor-friendly policies were essential to encourage new investment, expand industrial activity and strengthen Punjab’s economy. He urged the government to maintain regular consultations with LCCI so that the concerns of the business community could be addressed effectively.
PML-N leaders Khawaja Waseem Afzal and Khawaja Shahzaib Akram were also present.

Source: APP (Associated Press of Pakistan)