{"id":88089,"date":"2019-10-17T11:34:48","date_gmt":"2019-10-17T01:34:48","guid":{"rendered":"http:\/\/leadpakistan.com.pk\/news\/?p=88089"},"modified":"2019-10-17T11:34:48","modified_gmt":"2019-10-17T01:34:48","slug":"piaf-welcomes-govt-plan-to-revive-sick-industrial-units-in-60-days","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/piaf-welcomes-govt-plan-to-revive-sick-industrial-units-in-60-days\/","title":{"rendered":"PIAF welcomes govt plan to revive sick industrial units in 60 days"},"content":{"rendered":"<p>ONLINE<br \/>\nLAHORE<br \/>\nThe Pakistan Industrial &#038; Traders Association Front (PIAF) has welcomed the government plan to revive 687 sick industrial units within sixty days, saying it is imperative to enhance industrial base for the revitalization of economy and industrial growth.<br \/>\nPIAF chairman Mian Nauman Kabir called for collaboration with the private sector for promotion of Small and Medium Enterprises, giving importance to small industrial units so that employment opportunities could be generated.<br \/>\nNauman Kabir also stressed the need for increasing existing installed capacity of the manufacturing sector so that industrial base economy could be increased.<br \/>\nAs Pakistan\u2019s exports have been almost flat for a long time, it is the need of the time to utilize existing production capacity to the optimal level and operationalise the closed units on competitive basis, he added.<br \/>\nHe observed that owing to the positive steps regarding business facilitation these sick units have a chance to reconnect to their past glory. He added that the US-China trade war can have a positive impact on Pakistan garment exports, as the Global Value Chains(GVCs) are realigning in US market due to high tariff against Chinese imports. This realignment can provide immense opportunity to Pakistan\u2019s export industry to integrate it into GVCs, contributing in enhancing exports of the country, he said.<br \/>\nMian Nauman Kabir, the former interim provincial minister, stressed that frequent meetings with the stakeholders is the first step for the advancement of small and medium industries, revival of sick industries and facilitation of the whole business community.<br \/>\nHe asked the government to run economic system in a sustainable manner to generate employment opportunities, enhance investors\u2019 trust and promote local industries, which is not possible without taking the business community onboard.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ONLINE LAHORE The Pakistan Industrial &#038; Traders Association Front (PIAF) has welcomed the government plan to revive 687 sick industrial units within sixty days, saying it is imperative to enhance industrial base for the revitalization of economy and industrial growth. PIAF chairman Mian Nauman Kabir called for collaboration with the private sector for promotion of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-88089","post","type-post","status-publish","format-standard","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PIAF welcomes govt plan to revive sick industrial units in 60 days<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/piaf-welcomes-govt-plan-to-revive-sick-industrial-units-in-60-days\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PIAF welcomes govt plan to revive sick industrial units in 60 days\" \/>\n<meta property=\"og:description\" content=\"ONLINE LAHORE The Pakistan Industrial &#038; Traders Association Front (PIAF) has welcomed the government plan to revive 687 sick industrial units within sixty days, saying it is imperative to enhance industrial base for the revitalization of economy and industrial growth. PIAF chairman Mian Nauman Kabir called for collaboration with the private sector for promotion of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/piaf-welcomes-govt-plan-to-revive-sick-industrial-units-in-60-days\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-17T01:34:48+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script 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