English
Afrikaans
Albanian
Amharic
Arabic
Armenian
Azerbaijani
Basque
Belarusian
Bengali
Bosnian
Bulgarian
Catalan
Cebuano
Chichewa
Chinese (Simplified)
Chinese (Traditional)
Corsican
Croatian
Czech
Danish
Dutch
Esperanto
Estonian
Filipino
Finnish
French
Frisian
Galician
Georgian
German
Greek
Gujarati
Haitian Creole
Hausa
Hawaiian
Hebrew
Hindi
Hmong
Hungarian
Icelandic
Igbo
Indonesian
Irish
Italian
Japanese
Javanese
Kannada
Kazakh
Khmer
Korean
Kurdish (Kurmanji)
Kyrgyz
Lao
Latin
Latvian
Lithuanian
Luxembourgish
Macedonian
Malagasy
Malay
Malayalam
Maltese
Maori
Marathi
Mongolian
Myanmar (Burmese)
Nepali
Norwegian
Pashto
Persian
Polish
Portuguese
Punjabi
Romanian
Russian
Samoan
Scottish Gaelic
Serbian
Sesotho
Shona
Sindhi
Sinhala
Slovak
Slovenian
Somali
Spanish
Sudanese
Swahili
Swedish
Tajik
Tamil
Telugu
Thai
Turkish
Ukrainian
Urdu
Uzbek
Vietnamese
Welsh
Xhosa
Yiddish
Yoruba
Zulu
Government has not given a comprehensive Industrial Policy to the industrial sector despite making repeated commitments during the last four years, therefore Government should announce a proper industrial policy that focus on diversification of the industrial base, Yassar Sakhi Butt, President ICCI made these remarks during a meeting at Chamber House.
ICCI President was of the view that industrial policy should focus on transfer of technology, promotion of value addition, setting up industrial clusters and parks, skill development of manpower, encouraging foreign direct investment, and environmental compliance in industrial sectors.
He said that it is right time to move away from focusing only on few industries and develop other industries also, particularly non-traditional ones like mining, agro-based, fisheries, leather and value-addition industries.
ICCI President said that promoting industrialization would create multiple benefits for the economy as its development would raise national income, create more employment opportunities and improve the balance of payments position both by producing exportable goods and by substituting imports.
Yassar Sakhi Butt said that lack of uninterrupted energy supply, very high power tariffs, high mark up, law and order situation and rising cost of doing business were some of the major elements hampering the growth of industry in the country. Therefore, sustained manufacturing growth target should be the principal aim of comprehensive industrial policy, he added.
He said that for an integrated and comprehensive industrial policy, the local industrial sector should be engaged at all levels and come up with the one that could play its role in industrial growth.
