Capital metropolitan govt ready to facilitate business community: Mayor

Peshawar - Mayor Peshawar Zubair Ali on Thursday said that the Capital Metropolitan Government was ready to facilitate the business community to boost economic activities in the city.

The mayor expressed these views while addressing a public private dialogue (PPD) on discussing the issues related to local trade & exports in Peshawar, arranged by the Centre for Governance and Public Accountability (CGPA) in collaboration with Small and Medium Enterprises Development Authority (SMEDA) here in a local hotel.

The event was part of the project, arrangement of Public Private Dialogues (PPD) initiated by the CGPA. The session was aimed at gathering input on the issues faced by the business community of Peshawar and to discuss possible solutions with concerned government officials via arrangement of public private dialogues (PPD).

The PPD event focused on identifying the issues pertaining to local trade in Peshawar and issues hampering exports from Peshawar. These PPD sessions will conclude on the formation of recommended policy formation for developing conducive economic environment in metropolis Peshawar.

Entrepreneurs from Peshawar engaged in trading & exports, members of Sarhad Chamber of Commerce and Industry, Women Chamber of Commerce, Marble Association, Mining Association, furniture association, officials from Pakistan Customs Department, Trade Development Authority of Pakistan (TDAP), Small & Medium Enterprise Development Authority (SMEDA), Pakistan Hunting & Sporting Arms Development Company (PHSADC) officials of the Ministry of Industries & Production, participated in the dialogue.

Importance of SMEs, local business and exports is well proven in any given economy across the globe. However, an improvised ecosystem remains the foundation to achieve desired results. Unfortunately, our province remained affected by large due to the effects of terrorism during war in Afghanistan. Consequently, the business ecosystem weakened while distressed the business community.

In view of recent geopolitical changes in the region Peshawar may become the trade route, holding enormous potential to become hub of economic activities for the Pak Afghan trade and the trade with Central Asian Republics (CARs). However, there is dire need to address the issues hampering local business and limiting export opportunities for the Peshawar business community.

Mayor Peshawar said that the government is developing new business projects to accommodate the future needs of the industry. “We are open to new ideas from our business community that are beneficial for the economic development and facilitation to the industry and business,” he explained.

Zubair Ali said that due to increase in population Peshawar is facing congestion issues in most of the areas likewise commercial property prices are ever high that has contributed to the increased cost of doing business. “In such a scenario economy of scale and staying competitive becomes close to impossible for any business. Industrial estate lands must not be appraised like residential area lands. We must expand Peshawar, as the future holds numerous business opportunities”, he added.

He said that the government will extend its support to every possible limit to facilitate the business community in order to strengthen the business eco-system of the city. He acknowledged the importance of SMEs in creating jobs that was a prime concern for any government.

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