PESHAWAR: Mr Humayun Khan, Director of Industries, West Pakistan, said here yesterday [Feb 22] that Sui gas would be extended to Frontier region by the end of 1971.

Replying to a memorandum presented to him by the President of the Sarhad Chamber of Commerce and Industry, Mr Humayun said that the Government had decided to increase the capacity of all those textile mills where less than 12,500 spindles were installed, to 25,000 spindles as they were uneconomical. The same demand was also made in the memorandum.

Director Industries assured the traders that all efforts would be made to increase the tax holiday from three to six years for Peshawar region which was “quite under-developed”. He said the extension of tax holiday for the industrial estate at Jamrud to six years was under consideration of the Government.

Mr Humayun Khan disclosed that the PICIC was considering setting up two more textile mills in the Peshawar region besides the four planned for the whole of West Pakistan. He assured the traders that their applications would be preferred to others for these two mills. — Agency

Published in Dawn, February 23rd, 2020

Opinion

Editorial

Punishing evaders
02 May, 2024

Punishing evaders

THE FBR’s decision to block mobile phone connections of more than half a million individuals who did not file...
Engaging Riyadh
Updated 02 May, 2024

Engaging Riyadh

It must be stressed that to pull in maximum foreign investment, a climate of domestic political stability is crucial.
Freedom to question
02 May, 2024

Freedom to question

WITH frequently suspended freedoms, increasing violence and few to speak out for the oppressed, it is unlikely that...
Wheat protests
Updated 01 May, 2024

Wheat protests

The government should withdraw from the wheat trade gradually, replacing the existing market support mechanism with an effective new one over the next several years.
Polio drive
01 May, 2024

Polio drive

THE year’s fourth polio drive has kicked off across Pakistan, with the aim to immunise more than 24m children ...
Workers’ struggle
Updated 01 May, 2024

Workers’ struggle

Yet the struggle to secure a living wage — and decent working conditions — for the toiling masses must continue.