Govt taking steps on priority basis to enhance economic activity: PM Imran Khan

ISLAMABAD: Prime Minister Imran Khan has said that with the focus on increasing investments in export industry for creating employment opportunities, the government is taking steps on a priority basis to enhance economic activity in the country.

All government institutions are working together to provide a conducive environment for investors, he said, adding that the government is also taking steps to speed up work on the Phase II of China-Pakistan Economic Corridor.

The prime minister was chairing a review meeting of the PM’s priority sectors during which a detailed briefing was given on the progress of the Phase II of CPEC.

The meeting was informed that the work on gas and electricity supply in Rashakai, Dhabeji, Allama Iqbal and Bostan Special Economic Zones (SEZs) was in full swing.

The electricity and gas were mainly available for the construction of industries, while the rest of the required electricity and gas will be supplied with further development of industries.

In this regard, Plug and Play Model had been proposed by the CPEC Authority, which was being worked on.

Under the model, all the requirements of the investors will be met through one window operation to ensure speedy construction of industries in these areas.

At the same time, the Board of Investment (BoI) was working on a portal to provide investors with the information related to construction of industries, approvals from various institutions and other ancillary information, which will be launched soon.

The meeting was also informed that a comprehensive system has been launched to review the progress of the projects under CPEC and to expedite the development work.

In addition, steps were being taken to increase investment in SEZs by identifying export industries. In the agriculture sector, not only work on corporate farming was in full swing, but also agreements were being made to increase the exports of the sector.

The prime minister directed the relevant authorities to complete all the steps related to CPEC Phase II within the stipulated time.

Federal ministers Asad Umar, Hamad Azhar, advisers Shaukat Tarin, Moeed Yousuf, Special Assistant Dr Shahbaz Gill, CPEC Authority chairman Khalid Mansoor, Board of Investment chairman Azfar Ahsan and relevant senior officers were present in the meeting.

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