Advertisement
Categories: BusinessNewsPakistan

PM’s Special Assistant Vows Reforms for Karachi’s Industrial Sector in KCCI Meeting

Advertisement

In a key virtual meeting with the Karachi Chamber of Commerce and Industry (KCCI), Haroon Akhtar Khan, Special Assistant to the Prime Minister, pledged government support to address challenges faced by Karachi’s industrial sector.

Held via Zoom, the meeting covered critical issues such as electricity shortages, rising gas levies, water supply, tax hurdles, and export challenges. Haroon Akhtar announced the formation of dedicated committees, including KCCI’s input, to deliver focused solutions under the Prime Minister’s directives.

“The Prime Minister is committed to reviving local industries and boosting exports,” he stated. He also highlighted a recent cut in the policy rate to 11% as a key move to ease business costs.

KCCI’s Shawal Malik, however, raised concerns over Karachi’s deteriorating power infrastructure, which continues to inflate production costs.

Despite ongoing difficulties, Haroon Akhtar reassured the business community of the government’s resolve to improve Karachi’s industrial ecosystem and strengthen Pakistan’s global competitiveness.

Advertisement
News Desk

Recent Posts

The Aga Khan University launches Manual of Pediatrics to Strengthen Child Health Care in Pakistan

The Aga Khan University (AKU) has launched the AKU Manual of Pediatrics, a free, locally…

4 hours ago

UNILEVER PAKISTAN HOSTS COMPETITION COMMISSION OF PAKISTAN FOR EMPLOYEE TRAINING ON COMPETITION LAW

Unilever Pakistan hosted the Competition Commission of Pakistan (CCP) at its Head Office for a…

5 hours ago

SHINE Humanity Trains Teachers to Promote Health in Schools across Sindh

SHINE Humanity, under its Healthy Schools Initiative, conducted a three-day training of teachers in August…

6 hours ago

Bank Alfalah Introduces Insurance Coverage of Up to PKR 3 Million for PKR Current Plus Accountholders

Bank Alfalah, one of Pakistan's leading commercial banks, has partnered with Alfalah Insurance to introduce…

1 day ago

Chery Surpasses 20 Million Global Vehicle Sales as Monthly Exports Exceed 200,000

Master Auto Engineering (MAE), the official partner of Chery vehicles in Pakistan, celebrates another major…

2 days ago

BingX Appoints Kevin Lee as Chief Strategy Officer to Accelerate its Multi-Asset, User-Centric Vision

BingX, a leading cryptocurrency exchange and Web3-AI company, today announced the appointment of Kevin Lee…

3 days ago