Controversies surrounding privatisation of PECO

The privatisation of Pakistan Engineering Company (PECO) has been surrounded by controversy since the beginning. The affairs have arrived at an impasse due to fears of litigation and the ongoing tensions between the current MD and the Board. The privatisation of PECO was recently put on hold due to the following reasons (i) a case […]

Govt should focus on Industrialization:SCCI

Adil Mahmood, President of Sheikhupura Chamber of Commerce and Industry insisted the government to focus on industrialization instead of distributing Rs 12500 among poor people. The promotion of industry would generate more jobs by guaranteeing prosperity of labour class. As the government has taken steps to rationalize taxes and duties to increase the tax payer […]

Auto Parts Technology Park in the cards

Mian Aslam Iqbal, Provincial Minister for Industries & Commerce has made an official statement about the Auto Parts Technology Park. This Park is planned to be set up on nine acres of land in Quaid-e-Azam Business Park Sheikhupura. This park will have multiple sections of Auto products such as product designing, training centre, parts manufacturing […]