Pakistan Auto Industrial policy 2016 to attract new investment     

Pakistan Auto Industrial policy 2016 to attract new investment     

ISLAMABAD: (APP) The government's Auto industrial policy 2016 will attract new investment in the sector and the allied industries would also be benefitted from it.

According to Radio Pakistan, the govt has initiated several projects to revive and boost industrial growth and basic objective of these projects is provision of various facilities to investors like developed infrastructure, skilled workers, marketing facilities and common facility centers.

The projects include Hyderabad Engineering Support Center, Bostan Industrial State, Quetta Industrial Estate and Gems and Jewellery training and processing center in Muzaffarabad.

The officials said that the textile policy 2014-19 is under active implementation to boost up the textile sector, particularly its exports.

They added that setting up of industrial parks and Special Economic Zones along the China Pakistan Economic Corridor Project would create new economic opportunities and enhance the industrial growth.