Mehtab Chawla further expressed his expectations that after import of LNG from Qatar the issue of the shortage of natural gas will be resolved and the industrial units in Pakistan will remain in operation without any seasonal interruption.
Chawla said that uninterrupted supply of natural gas to the industrial consumers will favourable affects on the industrial production, investment and employment in the country which will ultimately be transferred into the higher rate of GDP growth.
Mehtab Chawla further said has welcomed Prime Minister Nawaz Sharif’s initiative of zero-rated sales tax regime for export sector to facilitate export-oriented sectors.
President S.I.T.E. Superhighway Association said that the step would go a long way and help promote country’s exports which are stagnant since long. The prime minister’s announcement is an ample seriousness of the government to put economy back on rails.
They said that it would boost the trust of not only local businessmen but would also give a very good message to the foreign investors. They also hailed the government efforts for economic stability, saying that confidence of the business community to invest in diverse economic fields has been reinforced through business-friendly policies of the government.