Govt setting up Software Technology Zone in Lahore

Web DeskWeb Editor

09th Sep, 2021. 01:21 pm
LCCI President

LAHORE: The government is establishing a Software Technology Zone in Lahore for growing exports and generating employment opportunities, a government official said.

Speaking at the inauguration of the newly-renovated Amin Hall at the Lahore Chamber of Commerce and Industry (LCCI), Punjab Finance Minister Makhdoom Hashim Jawan said that Lahore would become a major business hub in the coming days.

Bank of Punjab president Zafar Masud, LCCI president Mian Tariq Misbah and other office-bearers also addressed the ceremony.

The minister said the government has collected Rs26 billion from auction of plots in the central business district, Lahore.

“[The] role of [the] LCCI has always been positive. It has always given good input,” he said, adding that the private sector has an important role to play for economic growth.

The government has a role of a facilitator. “Without industrial development, economic prosperity is a distant dream,” he said, adding that sustainable measures have been taken for getting desired results. Masud said that the business community was the backbone of the economy. The Bank of Punjab is providing good banking products and services on priority to the business community.

Misbah urged the government to take the business community onboard, while making trade and industry-related decisions.

The government should help the business community cope with the challenges.

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