August 3, 2013

Punjab Govt to develop Rs 3 billion industrial city

The Punjab government plans to develop a new industrial city at a cost of Rs 3 billion along motorway during current fiscal year 2013-14. However, a site is yet to be identified,

Official sources told APP on Friday that the government was attaching high priority to strengthening the industrial base and installation of new industrial units was imperative.

Though it is an uphill task as the government can not alone set up industries in good numbers, therefore, it has decided to establish an industrial city under public-private partnership. It also intends to offer lucrative incentives to private entrepreneurs. Read More »Punjab Govt to develop Rs 3 billion industrial city