LAHORE, Sept 7: Government, financial institutions and industry must join hands to increase industrial and agricultural production in the country.

This was stated by the Chief Executive of Pak-Saudi Agricultural Investment Company on Monday.

Though investment was being made in the country but it was not at the desired pace. For this purpose, a visible improvement was needed in law and order, he said.

His company, he said, was playing a very effective role in improving agriculture and had extended Rs1.3 billion in 1999, Rs2.3 billion in 2000 and Rs2.6 billion as loan in first seven months of the current fiscal year.

Mark-up ratio has also been decreased during the last two years and the trend was expected to continue. The Pak-Saudi Bank has also expanded its operations during the last one year and was planning further expansion for better services.