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Australian envoy calls on CM

Staff Report

LAHORE: Strengthening the private sector is an important element of the government’s economic policy, Punjab Chief Minister Chaudhry Pervaiz Elahi told Australian high commissioner Zorica McCarthy in a meeting at the Chief Minister’s Secretariat on Thursday.

Administrative affairs of new industrial estates had been handed over to the experts in private sector, he said. Economic policies of the government were aimed at encouraging foreign investors and protection of their capital, Elahi said, and investment in the province had therefore increased. This, he said, had created jobs and helped alleviate poverty. Elahi said the people of Pakistan were progressive and were promoting social development.

He said that economic ties between Australia and Pakistan in livestock, agriculture and industries had improved. McCarthy said ties between Australia and Pakistan were based on sound foundations and thousands of Pakistanis were studying in Australia.

The chief minister said that an information technology (IT) park, having international standard facilities, was being set up in Lahore, which would generate jobs at a large scale. He said that business centres, Tele-medicines and call centres were also being set up in the IT Park, which would generate economic activities and increase local and foreign investment.

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