The National Assembly resumed its session at the parliament house in Islamabad on Friday morning with its Speaker Asad Qaiser in the chair.
Ministry of Commerce is formulating Trade Related Investment Policy Framework 2018-23 to channelize investment into export-oriented production and competitive import substitution.
Minister of In-charge of the Prime Minister’s Office in written reply during Question Hour said the five year policy aims to provide a comprehensive package of incentives to attract investment in the export oriented production. It is focusing on priority sectors such as footwear and bags, textile and apparel, aluminum sheets, high technology steel making, food related products, oil refinery and petrochemical and IT and electronic goods.
The Minister said Board of Investment is formulating an investment strategy in consultation with all the stakeholders.
National Assembly was informed that an amount of seven point five billion rupees have so far been submitted in Supreme Court of Pakistan and Prime Minister of Pakistan Diamer Bhasha and Mohmand Dams Fund.
Minister of State for Revenue Hammad Azhar told Lower House of the Parliament that out of this amount 804 million rupees have been received from international sources.
In Islamabad, rehabilitation work for twenty four feet wide metaled road starting from GT road and linking sectors I-14 to I-16 is in progress and will be completed during current fiscal year.
Minister of State for Parliamentary Affairs Ali Muhammad Khan told the National Assembly that ditches along roads in sector I-14/3 and street 22 of sector I-14/2 will be filled within four weeks.
On another question, the Minister said no high rise buildings are being built in Islamabad without obtaining NOC from CDA. However, on the skirts of the sectoral areas a number of such buildings have been constructed without approval.
CDA has established Building Control Directorate for housing societies to check all illegal and unauthorized constructions.
A number of buildings have been sealed on account of construction without approval. Moreover, the utility departments including IESCO and SNGPL have been asked not to provide utility connections to any building without NOC from CDA.
Information Minister Chaudhary Fawad Hussain said government has given unprecedented media freedom in the country.
Taking floor in the National Assembly, he said no media trial is being conducted of any politician. He said law is equal for anyone and will take its course.
The House has now been prorogued.