Working group set up for Ring Road estate

Punjab has completed the formation of a joint working group to advance plans for an industrial estate beside Rawalpindi Ring Road, The Express Tribune reported. Industries and Commerce Minister Chaudhry Shafay Hussain said the group’s notification would be issued soon. It will include representatives of the Rawalpindi and Islamabad chambers of commerce, business figures and provincial officials.

The minister said the estate was planned for non-agricultural land to address industrial demand and business community needs, and to support jobs and economic activity in the region. He also pointed to Punjab’s Asaan Karobar Finance Scheme and PIVOT Programme, while the Rawalpindi chamber delegation welcomed the new industrial policy, tax exemptions in industrial zones and interest-free loans. The group is expected to take the estate project forward through coordination among business representatives and government officials.