Lahore: According to news reports, Prime Minister Imran Khan indicated on Wednesday that the federal government will transfer funds to finish development work in Punjab’s nine Special Economic Zones (SEZ).
The monies will be disbursed and used by the provincial administration to allay international investors’ concerns. During a one-on-one discussion with Punjab Chief Minister (CM) Usman Buzdar, the decision was made.
The federal government has set aside development money for the early completion of SEZs in its annual Public Sector Development Programme (PSDP). The Punjab government has requested that the funds be made available as quickly as possible so that the state can begin construction on grid stations, electrical lines, and gas pipelines.
In order to reap the benefits of the China Pakistan Economic Corridor (CPEC), the premier further directed the province administration to give Sheikhupura and Faisalabad SEZ projects first priority.
PM Khan also stressed the importance of creating projects for Lahore, saying it should be converted into a perfect metropolis. He also told city officials that road maintenance and efforts aimed at turning the city into a garden city should be prioritised.
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The Lahore Development Authority (LDA) members and representatives also provided updates on current and upcoming beautification and development projects in the city. During his day-long visit to the province, the prime minister met with provincial ministries and civic officials.