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‘Scope of business facilitation centres to be expanded’

Our Correspondent
Friday, Feb 07, 2025

LAHORE:Provincial Minister for Industries and Commerce Chaudhry Shafay Hussain has said that a conducive environment has been ensured in Punjab to enhance business activities. Six Business Facilitation Centres are playing a key role in promoting economic activities in the province; therefore, it has been decided to expand the scope of Business Facilitation Centres. After Lahore, Sialkot, Gujranwala, Multan, Faisalabad and Rawalpindi, Business Facilitation Centres are being established in four more cities.

Shafay commenting on the performance report of the Business Facilitation Centres, said that the obstacles have been removed with the establishment of these centres. In these facilitation centres, five federal and 28 provincial departments are providing necessary facilities to investors under one roof.

Foreign investors are getting NOCs within 10 days while local investors are getting NOCs in 15 days. So far, 44,325 people have visited these centres and 11,255 people have been provided consultation regarding business activities by different departments.

So far, 32,547 applications have been received in the Business Facilitation Centres and 29,117 NOCs have been issued for various business activities. These centres are vigorously working towards promoting business activities in the province, he concluded.