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PSIC, SCCI meet to discuss new small industrial estates

PSIC, SCCI meet to discuss new small industrial estates

Key Takeaways

  • A delegation from Punjab Small Industries Corporation visited the Sialkot Chamber of Commerce & Industry.
  • The meeting aimed at promoting industrial development in the region.
  • Regional Director Umar Nawaz led the PSIC delegation.

A delegation from the Punjab Small Industries Corporation (PSIC) recently met with officials from the Sialkot Chamber of Commerce & Industry (SCCI), focusing on the establishment of new small industrial estates in the region. The meeting, held at SCCI’s premises, was led by Regional Director Umar Nawaz.

During the discussion, both parties expressed their commitment to fostering economic growth and job creation through the development of these industrial estates. According to a statement from PSIC, the initiative is part of an ongoing effort to support small-scale industries in Punjab.

SCCI President Syed Ahtesham Mazhar highlighted the potential benefits for local businesses and entrepreneurs. 'We believe that such initiatives will not only provide much-needed infrastructure but also create a conducive environment for growth,' he stated during the meeting.

The delegation from PSIC outlined various plans to facilitate the setup of these estates, including providing technical assistance and financial support to small enterprises. Regional Director Umar Nawaz emphasized the importance of collaboration between public and private sectors in achieving these goals: 'Our aim is to work together to ensure that these estates become successful hubs for industrial activity.'

The discussions also covered strategies for attracting investment and enhancing the competitiveness of local industries. Both organizations agreed on the need to streamline regulatory processes to make it easier for businesses to set up operations.

Following the meeting, both PSIC and SCCI expressed optimism about the future prospects of these initiatives. 'We are confident that with concerted efforts from all stakeholders, we can significantly boost industrial development in Sialkot,' said Mazhar.

The collaboration between PSIC and SCCI is seen as a positive step towards revitalizing the local economy. As discussions continue, both organizations remain committed to implementing plans that will benefit small-scale industries and contribute to regional growth.

'We believe that such initiatives will not only provide much-needed infrastructure but also create a conducive environment for growth,'

SCCI President Syed Ahtesham Mazhar

'Our aim is to work together to ensure that these estates become successful hubs for industrial activity.'

Regional Director Umar Nawaz, PSIC