Lahore: Punjab Minister for Industries and Commerce Mian Aslam Iqbal on Thursday reviewed the progress on the setup of small industries under the Punjab Small Industries Corporation, news sources reported.
The minister stated that work on five Punjab Small Industries Corporation scheme is presently underway and that nine more schemes will be launched in the coming fiscal year.
Read: Taunsa Sharif to get ‘Small Industries Estate’
The details of the nine schemes planned for the next fiscal year is as follows:
- Renovation of sports goods and material testing lab in Sialkot
- Establishment of tannery zone and setting up of handicrafts development centre at Wahwa, DG Khan
- Establishment of a handicrafts development centre in Kamalia
- New Industrial Estate will be established in Gujrat, Artisan Village in Khewra and a
- Surgical City will be set up in Sialkot.
Read: PM seeks roadmap for promotion of small & medium enterprises in Pakistan
Under the cluster development initiatives, four clusters including surgical, auto parts, readymade garments and leather footwear, have been completed and instructions have been issued for their performance audit. Additionally, four more clusters will be made.
Additionally, the minister stated that PKR 10 billion has been earmarked for the Punjab Rozgar Scheme in the current fiscal year, and PKR 30 billion in soft loans would be given under this scheme