Khyber Pakhtunkhwa industrial growth sharply declined

President, Sarhad Chamber of Commerce & Industry (SCCI), Afan Aziz said on Monday that the industrial growth has sharply declined due to the growing electricity and gas shortage in the province. He said that Khyber Pakhtunkhwa being a cheapest electricity and gas producer, the government should ensure uninterrupted power and gas supply to industrial units in the province. He said that industries could be only flourished, if provide smooth supply of electricity and gas, he added. Addressing the participants of Inland Study Tour visited here SCCI under supervision of Faculty Advisor, National Management College, Lahore Intesaar Ahmad Khan, the SCCI president said that the lending ratio of commercial banks had totally negligible with gradual deceasing from 11 percent to 1.5 percent in the province. Aziz said that the government should provide facilities to local industries and businessmen of Khyber Pakhtunkhwa to play its role in development of national economy. He stressed the need for promotion of economic activities at regional level. He further said that reforms should be introduced through public-private partnership to get business community full benefits from such initiatives. He criticized that government policies have also responsible for current economic instability in the country. He called upon the policy makers and government to take real stakeholders on board in this regard. Aziz also informed the participants regarding Sarhad Chamber of Commerce & Industry steps for provision of facilities to business community of Khyber Pakhunkhwa and role in economic stability of the country. On the occasion, the participants of National Management College, Lahore highlighted the issues and obstacles before the economic development of Khyber Pakhtunkhwa and suggested different remedial proposal in this regard.