Business promotional board vital for industrial growth

sialkot - Pakistan Readymade Garments Manufacturer and Exporter Association (PRGMEA) former chairman Ijaz A Khokhar has underscored the need of setting up “Business Promotional Board” here for finding out ways and means for growth of different industrial sectors. In an interview with APP here Thursday, he said the establishment of business promotional board would help resolving problems and opening new vista of industrial development in the area which should be replicated in other areas of the country.
“Sialkot which is export-oriented city and hub of cottage industry of the country is ignored in the past as a result of which industrial growth has become stagnant while exporter community is facing multiple problems,” he said.  Ijaz suggested that the federal government should concentrate on establishing “Regional Task Forces” for the promotion of different industrial sectors and bringing out the industry out of crises.
The task forces should be established by federal government by taking on board private sector stakeholders of the respective industries, he said.
   Ijaz said these task forces must be fully empowered and adequately funded to carry out their functions, adding that prime responsibilities will include preparing development plans for their industries focusing marketing, human resources development access to finance, reduction in cost of doing business and technology upgradition.
Ijaz revealed that Pakistan Readymade Garment Technical Training  Institute would be established at Sialkot costing Rs 13.50 crore, adding that separate male and female wings would be set up in the proposed institute and training would be imparted in the field of middle management, stitching and other related fields of garment industry.

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