• Punjab Governor Muhammad Baligh ur Rehman has stressed the need to facilitate the chemical industry.
• The Pakistan Chemicals Manufacturers Association (PCMA) has arranged the event.
• The governor said the event will help highlight the investment and trade potential in the chemical industry.

LAHORE: Punjab Governor Muhammad Baligh ur Rehman has stressed the need to facilitate the chemical industry for reaping benefits of huge potential, a statement said on Tuesday.

“We need to improve the ease of doing business to benefit from the huge potential of the chemical sector,” he said, while speaking at the inaugural session of the two-day “Pakistan Chemical Expo 2023” at the Expo Centre.

The Pakistan Chemicals Manufacturers Association (PCMA) has arranged the event. Special Assistant to Prime Minister on Industries and Production Tasneem Ahmed Qureshi was also present on the occasion.

The governor said the event will help highlight the investment and trade potential in the chemical industry and termed it a step in the right direction.

“The exhibition will play an important role in introducing Pakistan’s chemical industry to the international market and promoting it globally. I am pleased that Pakistan’s chemical industry, recognising its corporate social responsibility, not only considers but had always adhered to the United Nations Sustainable Development Goals for the betterment of the environment,” he added.

“I hope that the PCMA will continue to play its vital role in further strengthening the relationship between the industry and the 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,” he said.

PCMA Chairman Jai Kumar said that more than 100 industries related to the chemical sector and universities have set up their stalls and renowned scientists from more than 15 countries will share their modern researches in the following conferences.

The chemical sector of Pakistan has not yet been properly exploited, he added.

“That is the reason the PCMA 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 materials have been imported from Saudi Arabia in rupee.”

“We request the government to formulate a comprehensive and integrated chemical policy in consultation with all the stakeholders, including PCMA, to remove the bottlenecks and get full advantage of the growth opportunities in this industry,” he added.

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