ISLAMABAD:(APS)September 6, 2016-The Senate was informed on Tuesday that new export processing zones are being established in different parts of the country to enhance industrial production and exports.
Minister for Industries and Production Ghulam Murtaza Khan Jatoi told the House during question hour today that an export processing zone is being established in Gwadar on one thousand acres of land, while there are plans to set up these zones in Sukkur and Faisalabad as well.
He said export processing zones have already been set up in Karachi, Gujranwala, Risalpur, Saindak and Duddar. He said there is plan to further expand Karachi zone.
The Minister pointed out that 508 million dollars were earned last financial year from the EPZs exports.
Ghulam Murtaza Jatoi said that the government is encouraging the establishment of small and medium enterprises in order to not only enhance industrial production but also generate employment opportunities.
He said that it was the part of the manifesto of the PML-N to promote the establishment of industrial parks in rural areas in order to bring them at par with developed areas. He said there is also plan to establish a marble city in Balochistan.
Minister for Law Zahid Hamid told the House that an agreement has been signed with Switzerland and another will be signed with Organization of Economic Cooperation and Development which will help get information about the Pakistani people who have offshore holdings and wealth.
The Minister said that steps are afoot to reduce the debt to GDP ratio in the coming years. He said in 2013-14 the external debt was 4796 billion rupees and currently it stands at 5834 billion rupees.
The House on Tuesday unanimously passed a resolution paying rich tributes to the courage and sacrifices of the Armed Forces.
The resolution was presented by Leader of the House Raja Zafarul Haq in connection with the Defence Day of Pakistan.
The resolution said that the cowardly enemy attacked Pakistan on this day but the entire nation unitedly defeated the aggressor. The unity demonstrated by the nation at that time was unprecedented, which showed the resilience of our people. It also carried the biggest lesson that a united nation can never be defeated.
The resolution said that Kashmir dispute was catalyst for the 1965 war and the resilient Kashmiri people continue to struggle for their right to self-determination. It regretted the Indian atrocities on the defenceless Kashmiri people.
The Senate in its resolution reaffirmed to continue supporting the Armed forces to eliminate terrorism for peace and security in the region.
Responding to call attention notice, Minister of State for Interior Baligh-ur-Rehman said that the local government system has been made functional in the capital territory in a short span of time.
He said Islamabad Metropolitan Corporation has been provided with a building and a staff of nine thousand from Capital Development Authority.
He said some departments including that of schools, parks and dispensary have also been handed over to the Metropolitan Corporation. He said there are some teething problems but the government stands committed to fully empower the local government system.
Minister for Law Zahid Hamid laid before the House a copy of the Money Bill, the Income Tax (Amendment) Bill 2016.