FAISALABAD, May 21: Punjab Governor Khalid Maqbool has announced to set up an industrial city along Motorway-3 section between Faisalabad and Pindi Bhatian.

Talking to newsmen here at local circuit house on Monday, the Governor said that a comprehensive plan was being conceived to provide modern infrastructure of industrial sector to compete with the international contemporaries.

He said that export processing zones would be set up in Lahore, Sialkot, Gujranwala, Faisalabad and Multan to attract the foreign investors as well as local entrepreneurs to set up export-oriented industries for boosting the exports.

He further said the Punjab government would provide all sorts of financial and other assistance to the private entrepreneurs for getting land, machinery and other infrastructure in establishing industrial units at the EPZs.

“In this era of modernization, fast development and globalization, we would have to evolve new technologies and ways of business to compete with other countries and to get a reasonable space in the international markets,” he added.

The Punjab Governor said the government was trying hard to purchase entire wheat from the growers and Rs19 billion had so far been paid to the farmers, which was a record in the history. The government is also endeavouring to announce a financial package for the cotton growers and to ensure provision of certified seeds, adulterated free pesticides, fertilizers, provision of canal water, and also considering various proposals to procure hundred per cent cotton crop of the coming season.

He said the Punjab government was emphasizing the federal government to provide maximum funds in the budget for constructing overhead bridges of railway tracks and rivers.