ISLAMABAD, Jun 18 (APP):Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan on Thursday held a meeting with Punjab Minister for Industries, Commerce and Investment, Chaudhry Shafay Hussain. The meeting focused on industrial development, export-oriented economic growth, industrialization, promotion of electric vehicles, and strengthening local manufacturing in Pakistan, said a news release. The SAPM highlighted that under the leadership of Prime Minister, Pakistan’s first National …
SAPM Haroon meets Chaudhry Shafay, discusses industrial growth, manufacturing expansion
ISLAMABAD, Jun 18 (APP):Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan on Thursday held a meeting with Punjab Minister for Industries, Commerce and Investment, Chaudhry Shafay Hussain.
The meeting focused on industrial development, export-oriented economic growth, industrialization, promotion of electric vehicles, and strengthening local manufacturing in Pakistan, said a news release.
The SAPM highlighted that under the leadership of Prime Minister, Pakistan’s first National Industrial Policy has been formulated to provide a comprehensive framework for industrial growth and economic development.
He said that the federal government is working tirelessly for the revival and rapid growth of the industrial sector, with a focus on enhancing production, increasing exports, and creating a business-friendly environment.
Haroon said that a draft Mobile Device and Electronics Manufacturing Policy has been prepared to promote local manufacturing and reduce dependence on imports.
He said that the Automobile, Auto Parts, and Battery Storage Policies are being developed in line with the vision of the Prime Minister.
He emphasized that the role of provinces is crucial in promoting industrial development and strengthening Small and Medium Enterprises (SMEs).
The promotion of electric vehicles would help Pakistan move towards a modern, environment-friendly, and sustainable industrial economy, he added.
“Strengthening local industry will reduce import dependency and create new employment opportunities for the youth,” Haroon said, adding that increasing exports and boosting industrial production remain among the government’s top priorities.
Punjab Minister Chaudhry Shafay Hussain, said that under the leadership of Chief Minister Punjab Maryam Nawaz Sharif, the Punjab government is taking effective measures for industrial development and promotion of SMEs.
He said that industrial growth is essential for sustainable economic stability and ensuring employment opportunities for the youth. Punjab government is taking practical steps to facilitate the business community and promote investment.
Shafay Hussain emphasized that strengthening SMEs will play a key role in improving the national economy and increasing exports. He highlighted that modern industrial development requires focus on environmental protection, quality standards, and improved production practices.
He said that promotion of local manufacturing will lead to the establishment of new industries and generate thousands of employment opportunities for young people.
The Punjab Minister said that reforms in industry, trade, and investment sectors are being introduced to further improve the business-friendly environment in the province.u
Both sides agreed that industrialization, export growth, and strengthening of the private sector are fundamental pillars of Pakistan’s economic development.
SAPM Haroon expressed that cooperation between the federal and Punjab governments will pave the way for new progress in the industrial sector.
