LAHORE: Various sites have been finalized in Lahore division for industrial zoning by the Lahore Development Authority (LDA), after consultative meetings with Lahore Chamber of Commerce and Industry (LCCI). While appreciating the tireless efforts of the Lahore Development Authority’s team led by LDA Director General Zahid Akhter Zaman, the LCCI President Abdul Basit and Vice President Muhammad Nasir Hameed Khan said that the initiative would lay a new foundation of industrialization in the province and it would attract much needed foreign direct investment in the province.
They said the LCCI former Senior Vice President Almas Hyder, the LCCI Additional Secretary Mazhar Elahi and their companions also deserve appreciation for working on this gigantic task.
They said that this would be immensely beneficial for the business community as substantial land in the division (Lahore, Kasur, Sheikhupura and Nankana) has been reserved by LDA for the Industrial use where the requisite infrastructure would be provided by the government for the Industry. This step would be proved as a game changer in the economic development of Punjab by formalizing the industrial sector and making it convenient for the investors to open new industrial units on the designated sites. The formal notification would be issued by the LDA shortly after the approval of the Chief Minister.
