New master plan to meet needs of industrial sector

Staff Reporter BOL News

12th Aug, 2021. 08:35 pm

LAHORE: Lahore Development Authority (LDA) vice chairman S M Imran has said that the new master plan of Lahore will fulfill the needs of the industrial sector in future.

Speaking at a meeting of the stakeholders at the Lahore Chamber of Commerce & Industry (LCCI) on Thursday, he regretted that master plans in the past were made without keeping in view the ground realities and due consultation with the stakeholders.

“We are making the new master plan for the next generations,” he said, adding that special attention is being paid to the environment according to the vision of Prime Minister Imran Khan. He assured LCCI of taking all decisions after its due consultation.

LCCI president Mian Tariq Misbah said that there was not enough land in and around Lahore for industrial expansion and investment and the existing industrial estates i.e. Sundar and Quaid-e-Azam had reached their full capacity. He suggested re-zoning of Lahore division for future expansion of industrial sector. He said that the industry was overburdened by high rate of conversion fee for land use. He demanded regularization of all existing industrial units without payment of fee and conversion charges. He appreciated the Ravi Riverfront Development Project which would benefit housing, construction and many allied sectors. He said that in the planning stage of this multi-trillion rupees project, the industrial units located in and around area, especially the steel rolling units, have been marked and sealed. Notices were being served to the industrial units under Land Acquisition Act. He said that hundreds of industrial units working in the area were providing substantial employment opportunities. He suggested handling the issue with care and responsibility.

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