Government building Software Technology Zone in Lahore

According to a government official, the government is developing a Software Technology Zone in Lahore to boost exports and provide job opportunities.

Punjab Finance Minister Makhdoom Hashim Jawan stated during the opening of the newly refurbished Amin Hall at the Lahore Chamber of Commerce and Industry (LCCI) that Lahore will become a significant commercial center in the coming days.

The ceremony was also addressed by LCCI President Mian Tariq Misbah, Bank of Punjab president Zafar Masud, and other office-bearers.

According to the minister, the government has earned Rs26 billion from the auction of lands in Lahore’s core business area.

Read Also: Banks giving Rs59bn loans for govt’s housing scheme: SBP

“[The] LCCI’s role has always been beneficial. It has always provided valuable input,” he added, adding that the private sector plays an essential role in economic progress.

The government serves as a facilitator. “Without industrial growth, economic prosperity is a faraway dream,” he added, adding that long-term efforts had been implemented to achieve the desired results. According to Masud, the business community is the economy’s backbone. The Bank of Punjab prioritizes delivering superior banking products and services to the business community.

Misbah encouraged the government to consider the business community when making trade and industrial decisions.

The government should assist businesses in dealing with the problems.

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