Karachi (PR): Pakistan should pay attention to training of manpower in order to address the issue of low productivity which afflicts our workforce. This was stated by Mr. Muhammad Ali, Acting President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) at the Punjab Industrial Estates Development and Management Company (PIEDMC) seminar which was held at Federation House, Karachi on October 29, 2013.
Mr. Muhammad Ali chaired the seminar on Introduction to PIEDMC’s New Industrial Estates during which he praised the Government of Punjab’s industrial estates scheme and also appreciated the initiative to hold this event in Karachi to spread awareness about the facilities and opportunities which are available to the business community. He said that the state of industrialization in all four provinces is somewhat discouraging and there has been an alarming trend of de-industrialization, where some investors have actually closed their factories and shifted production to other countries. In such an environment, the initiatives taken by PIEDMC will hopefully go a long way in encouraging investors to step forward. At the same time, he expressed the hope other provincial governments will also take a note from the good work that Punjab Government has started in this regard. There are several opportunities for small and medium scale industrialization projects in Sindh, KP and Balochistan also which should be developed and facilities should be provided to parties who are interested in investment.
Thanking Mr. Muhammad Ali for his warm welcome, Major General (Retd) Javed Iqbal, CEO of PIEDMC said that PIEDMC was set up in 2003 in pursuance of the industrial policy and industrial vision of the Government of Punjab. He gave details about the various schemes under the project and their status of completion. He also informed the participants that a number of industrialists had from Sindh had also expressed interest in setting up plants in projects of PIEDMC. The seminar was widely attended.