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August 30, 2007 Thursday Sha’aban 16, 1428





Two value-added cities to be set up


ISLAMABAD, Aug 29: Two value-added cities are being planned at Faisalabad and at Multan-Lahore Road to facilitate investors, said newly appointed Federal Minister for Privatisation and Investment Muhammad Wasi Zafar.

He stated this while addressing a group of participants of the 87th National Management Course of National School of Public Policy on the privatisation and investment policies of the government on Wednesday.

He said the government was in the process of creating special economic zones, industrial estates and value added cities.

Mr Zafar stated that it sought to reduce the government’s role in doing business and to confine its role to policy making, providing good governance, effective regulatory framework and enabling environment, including physical and technical infrastructure. — Our Reporter






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