AJKCCI inks integrated industrial development plan

MIRPUR: An integrated industrial plan has been inked by the AJK Chamber of Commerce & industry (AJKCCI) with the coordination of AJK government to encourage and promote local and foreign investment in trade and industrial sector especially by the UK-based Kashmiri expatriates in Azad Jammu & Kashmir.

AJK Chamber of Commerce and Industry President Sohaib Saeed told agencies here on Friday that chamber has already moved recommendations to the AJK government by devising a strategy for early revival of over 70 sick Industrial units located in Mirpur and Bhimbher districts.

He said that in the light of various proposals the AJK government has assured to encourage and boost the foreign investment in the trade and industrial sector in AJK.

The AJKCCI president said that massive and bright potential was available for launching investments in hydel power generation, mineral and tourism sector in AJK.

To a question, he said that AJK government was taking all possible steps for the early revival of industrial units in Mirpur and Bhimbher. The government has focused to promote the industrial activities in Mirpur and Bhimbher districts under the spirit to provide more job opportunities to the unemployed skilled and unskilled persons.

Sohaib disclosed that the chamber has also moved to the AJK administration for the formation of a high-level committee comprising officials of commerce & industry, electricity, finance, taxation to inquire about the problems of the local corporate sector, especially the existing and intending industrialists.

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