Mirpur (ajk): Azad Jammu and Kashmir (AJK) Minister for Tourism, Industries, Commerce, Labour and Mineral Resources Abdul Rehman on Wednesday called for practical measures to attract investment, revive industrial activity and increase state revenue in AJK.
He directed the authorities to facilitate investors, simplify business procedures and ensure a conducive environment for local and foreign investment.
The minister was speaking at a departmental briefing on the performance and affairs of the Industries, Commerce, Labour and Mineral Resources Department.
Principal Secretary to the Prime Minister and Secretary Industries, Commerce, Labour and Mineral Resources Sardar Adnan Khurshid briefed him on the department’s performance and various matters.
Abdul Rehman said all institutions must work in coordination to promote development and public welfare, stressing effective utilization of the state’s available resources to create new sources of revenue.
He directed the authorities to revive closed industrial units and plants, saying that new investors should be given opportunities where existing investors failed to make units operational within the stipulated period.
The minister said inactive industrial assets could be converted into productive ventures to generate employment and boost industrial growth.
He also called for effective utilization of industrial land and government resources, and directed the formulation of a comprehensive strategy for industrial development and employment generation for youth.
Abdul Rehman stressed further improving the department’s performance and taking effective measures to promote investment across the state.