ISLAMABAD: The federal government has initiated various projects for the revival and boosting-up of industrial growth in the country.
According to a report, the basic objective of these projects is the provision of various facilities to investors like developed infrastructure, skilled workers, marketing facilities and common facility centres.
In the current financial year, the federal government is going to initiate a new project namely ‘Value Addition in Industry Cluster Development based Industrial Development Plan Vision 2025′ with a total cost of one billion rupees.
Similarly a new initiative for the skill development of the youth in textile industry will also be initiated. It will train nearly 120,000 people.
Recently the government of Pakistan and the Peoples Republic of China has agreed on multi-sectoral developments under the China-Pakistan Economic Corridor (CPEC). This Corridor will create new economic opportunities for the people as industry.