President opens Lahore Sunder Industrial Estate

President Pervez Musharraf has declared that the Sundar Industrial Estate is of highest global standard and an example of industrial vision of the government, which it aims to replicate in other provinces of the country.

He was speaking at the inauguration of the Sundar Industrial Estate. He said this estate has already attracted investment from many multinationals. He said the government has initiated such mega industrial estates on the strength of its economic policies that has put Pakistan on an accelerated growth path.

Musharraf said a dent has been made on poverty but more efforts are needed to eradicate it. He said industries in Sunder would provide employment to 700,000 people that would divert unemployed attention from extremism towards constructive activities.

The president praised Punjab Chief Minister on completion of industrial estate in record time. He said this is without doubt the best industrial estate of the country. He appreciated the installation of water treatment plant in Sunder that would keep the environment clean. He asked the industrialists to pay higher wages to the workers in the new industries being established besides ensuring better education and health facilities for them and their families.

He hoped that people would have access to better education after establishment of new universities in Punjab.

Earlier, Punjab Chief Minister Chaudhry Pervaiz Elahi said that the Sunder Industrial Estate was established in accordance with the industrial vision of the president. He said 55 industries in the just completed estate are operational including $30 million industry established by Pepsi International.

He said many pharmaceutical, chemical, pesticide, plastic and food beverage industries have also started production in this estate. He said many multinationals are establishing their plants here.

Source: The News