Governor Punjab Muhammad Baligh-ur-Rehman said that considering the growth opportunities in the chemical sector and the current economic situation of the country, it has become imperative to take immediate steps to facilitate ease of doing business for the chemical industry. He was speaking on the occasion of the inauguration of the two-day expo “Pakistan Chemical Expo 2023” held in Expo Center Lahore under the Pakistan Chemicals Manufacturers Association. Special Assistant to Prime Minister on Industries and Production Tasneem Ahmed Qureshi was also present at the occasion.
Governor Punjab Muhammad Baligh-ur-Rehman said that holding this expo to highlight the investment and trade potential in the chemical industry is an appropriate step in the right direction. This exhibition will play an important role in introducing Pakistan’s chemical industry to the international market and promoting it globally. He said that I am pleased that Pakistan’s chemical industry, recognizing its corporate social responsibility, not only considers but has always adhered to the United Nations Sustainable Development Goals for the betterment of the environment.
He further said that in the current economic situation of the country, urgent steps are needed to provide facilities at the government level to facilitate business and investment in the chemical sector. I hope that the PCMA will continue to play its vital role in further strengthening the relationship between industry and government, and exploring new opportunities internationally. And I assure you that in this journey towards growth and betterment, the government will not only help you in every possible way but also introduce incentives and facilities to promote the chemical industry.
Pakistan Chemicals Manufacturers Association
PCMA Chairman Jai Kumar said that more than 100 industries related to the chemical sector and concerned departments of renowned universities have set up their stalls and renowned scientists from more than 15 countries will share their modern research in the following conferences. He said that despite its importance, the chemical sector in Pakistan has not yet been properly exploited. That is the reason the Pakistan Chemical Manufacturers Association is not only advocating for long-term petrochemical complex projects but also introducing bio-economy projects to take full advantage of the resources available in Pakistan.
First-time raw material has been imported from Saudia Arabia in Pakistani currency. We request the government to formulate a comprehensive and integrated chemical policy in consultation with all stakeholders including PCMA to remove the bottlenecks and grab the full advantage of the growth opportunities in this industry.
