PSDP 2008-2009 to focus on manufacturing, agriculture sectors: PM
Tuesday June 03, 2008Islamabad: Prime Minister Syed Yousuf Raza Gilani has said that the public sector development plan for the year 2008-2009 would focus on manufacturing and agriculture sectors in order to enhance economic activity in the country.
The Prime Minister said this while talking to Mian Manzoor Watto, Advisor to Prime Minister on Industry and Production, who called on him at the Prime Ministers Secretariat Tuesday morning.
The Prime Minister said that the governments economic strategy should remain focused on creating an enabling environment for both domestic and foreign investments. He asked the Advisor to develop an appropriate strategy to tap the full potential of investment opportunities in Pakistan to improve the investment climate and enable the investors to work in an investors friendly environment.
The Prime Minister said that Pakistans location makes it a regional hub of manufacturing and exports in view of the availability of skilled labour, low cost of production and a liberal and attractive regime of investment incentives.
The Prime Minister said that his government is committed to providing basic necessities to the people particularly the poor segments of the society.
Mian Manzoor Watto informed the Prime Minister about the steps being taken by his Ministry to encourage the business community to invest in various sectors of the national economy.
He also briefed the Prime Minister about the important role being played by the Utility Stores Corporation (USC) in providing essential food items to the poor masses at an affordable price. He said that the USC has planned to open utility stores in every union council and their role would be further expanded in the future to meet the demands of underdeveloped areas of the country
Pakistan News Service - PakTribune