Public and Private Sector would have to work in tandem to ensure economic growth, job creation: Malik Tahir Javed

Lahore, August 06, 2014 (PPI-OT): Public and Private Sector would have to work in tandem to ensure economic growth and job creation. This was stated by the PIAF Chairman Malik Tahir Javed while talking to a delegation of businessmen here on Wednesday.

The PIAF Chairman said that they had already given an economic plan wherein it had been suggested that the bureaucracy should not be allowed to intervene into the businesses. He said that if the plan is implemented in letter and spirit, it would not only remove the bureaucratic hurdles in the smooth running of businesses but would also remove economic activities in the country.

Malik Tahir Javed said that the PIAF had already supported all the government plans aimed at economic revival of the country but the need of the hour is that all the political parties should show maturity for the common cause of progress and prosperity.

He said that if the government promotes the consultation with private sector, it would not only be able to achieve economic targets in shortest possible time but would also bring good governance. The PIAF Chairman said that the government could control the ongoing electricity crisis only by implementing good governance in the affairs of the power distribution companies.

He said that there was no second opinion about it that all power generation projects were time consuming therefore, putting an end to corrupt practices is the only solution to give some relief to the masses.

He also suggested that the government would have to promote the idea of ease of doing business in the country through creation one window operation if it wanted to attract foreign investment in the country. Malik Tahir Javed said that in the past efforts were made to establish one windows in various departments but the idea failed only because of the bureaucratic hurdles and lethargic attitude.

He said that if the government establishes a powerful monitory mechanism, it would be able to implement the idea of one window in true letter and spirit. He said that if the need arises, the PIAF would be ready to extend maximum cooperation to the government in this regard.

For more information, contact:
Khalil-ur-Rehman
Pakistan Industrial and Traders Associations Front
110/s Kot Lakhpat Industrial Estate
Lahore, Pakistan
Tel: +92-42-5123522
Fax: +92-42-5123522
Email: Info@piaf.pk

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