Friday, 24 December, 2021 I 19 Jamadi-al-Awwal, 1443 I Rs 15.00 I Vol XII No 176 I 12 Pages I Lahore Edition
PM IMran Inaugurates sPecIal technology zone In lahore
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RIME Minister Imran Khan on Thursday inaugurated the Lahore Technopolis, a special technology zone, and signed agreements for bringing investments worth $300 million for its construction. Addressing the inauguration ceremony, the prime minister lauded Punjab Chief Minister Sardar Usman Buzdar and the Higher Education Commission (HEC) for paving way to build the special technology zone at a barren land spread over 800 acres in Lahore. “Top tech companies globally have a turnover of $1000 billion each and even Indian exports from tech have reached beyond $150 billion,” he said and added that in comparison Pakistan only has exports worth $1 billion from technology-related products. He, however, said that Pakistan
has a lot of potential with its 60 percent of youth population and the incumbent government is committed to support the technology sector and remove obstacles in their way. This sector, the prime minister said, could also resolve employment issues and would pave way for women staying at home to get jobs through online platforms. “It is unfortunate that as Pakistan’s exports saw a hike recently, our economy witnessed a shortage of dollars, forcing the country to approach the IMF to bring financial stability,” he said and added that the country’s economy could not grow without an increase in exports. Imran said that the technology sector could alone pay off the entire debt of the country. He added that all businesses had faced a slump amid the Covid19 outbreak, but profits of tech com-
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panies like Google, Amazon and others multiplied. “The technological zones are aimed at bringing ease in the sector and take full advantage of its potential,” the prime minister said and cited examples of China and India,, where their people initially invested in those projects and later foreign investors joined them. While giving the example of China, the prime minister said that they eliminated corruption through planning and initially terminated 450 ministerial-level people over financial wrongdoings. “China pulled out 700 million of its population above the poverty line in 40 years,” he said adding it was their exports that made China a global economic power. Earlier, the prime minister also distributed licences among the companies which would be operating in the Technopolis. The event also marked the signing of a Memorandum of Understanding (MoU) for an investment of $300 million for the establishment of another three technology zones in different parts of the country. CM Buzdar said Lahore has been selected as the Technopolis considering the existence of universities and other tech institutes as well as companies in the city. “The project would help carry out technology-based researches and studies,” he said. In order to attract investment to Technopolis, the government has given a 10-year tax exemption to companies operating there. Companies from various countries like the US, Canada, China and Australia are approaching to invest here, he added. news desk
Fawad derides Maryam for ‘celebrating her defeat’ in KP LG polls Federal Information and Broadcasting Minister Fawad Chaudhry ridiculed opposition parties on Thursday by stating that PML-N Vice President Maryam Nawaz has been “celebrating her defeat” in the local government polls, recently held in Khyber Pakhtunkhwa (KP). The minister, while speaking to media in Lahore stated that “instead (of celebrating), they [PPP and PML-N] should have visited their party workers in KP to boost their morale. They should have done national politics,” the information minister said. It is pertinent to note that in the elections held in the 17 districts of KP on December 19, the PTI, which has been in power in the province since 2013, conceded ground to the Jamiat Ulema-iIslam Fazl (JUI-F). As per the provincial results of of 47 of the 63 tehsils declared by the Election Commission of Pakistan, the JUI-F won 17 seats of mayor/chairperson while the PTI came in second by securing 12 seats. The independent candidates grabbed the third highest number of seats at seven, followed by Awami National Party at six, PML-N at three and Jamaat-i-Islami, Pakistan Peoples Party (PPP) and Tehreek-i-Islahat Pakistan bagging one seat each.
COAS appreciates troops’ combat readiness during LoC visit
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DAY'S DEATH TOLL:
Similarly, in the provincial capital Peshawar, the JUI-F bagged a definitive lead in the contest for the mayor of the city. JUI-F candidate Haji Zubair Ali managed to secure62,388 votes against 50,659 votes secured by PTI’s Rizwan Bangash. Contrary to the results, Fawad Chaudhry has claimed that the two biggest opposition parties in the National Assembly, the PPP and the PML-N, “did not get any votes there [in KP]” and that they are “celebrating the end of their parties”. He further added that it had been proved after the elections that the PTI was the largest party in KP’s village councils. The minister went on to state that “we are competing against political dwarfs,” while adding that “We are facing the PPP in some areas [of the country], the PML-N in other areas and competing against the JUI-F at some places. None of them have a man of Imran Khan’s stature.” Politics, he said, would end if they were not given any television coverage for two to four days as “there is no one from among them on the ground”. He further commented that the “socalled politics of big [opposition] parties has been surviving only because of television coverage.”
Over 100 Pakistani parliamentarians evade income tax: report
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Chief of Army Staff (COAS) General Qamar Javed Bajwa on Thursday visited forward areas along the Line of Control (LoC), according to a press release issued by the Inter-Services Public Relations (ISPR). During his visit, the COAS was briefed on the ground situation along the LoC and operational preparedness of the formation, the ISPR said. The army chief interacted with the troops de-
ployed along LoC in Kot Kotera Sector and appreciated their combat readiness and high state of morale. The COAS emphasised that continuous vigil and readiness to counter all threats and contingencies is vital for ensuring security along the LoC. Earlier, on arrival at the LoC, the COAS was received by Corps Commander Rawalpindi Lieutenant General Sahir Shamshad Mirza. news desk
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