FPCCI calls for revival of sick industrial units


Haji Zubair Ali Convener of FPCCI Committee on revival of sick industrial units, has said that the government should pay special attention to the rehabilitation of ailing industrial units to boost economic activities and reduce unemployment.
He said that special relief should be provided to traders and investors for promotion of investment and industrial development. He said that rehabilitation of ailing industries would create vast employment opportunities and would also significantly increase exports and government revenue as well. While talking to a delegation of different Chambers & Associations yesterday, Haji Zubair Ali said that huge capital required to set up new units, which also take at least three to four years to start production, whereas rehabilitation of a sick industrial unit require small investment and it can be quickly incorporated into the mainstream of the national economy. In order to increase the country’s GDP, uninterrupted supply of electricity and gas to industries must be ensured and Khyber Pakhtunkhwa and the integrated tribal districts and Balochistan.