LCCI Voices Worries About Possible Shutdown of Lahore’s Export Processing Zones Authority Office
The Lahore Chamber of Commerce and Industry (LCCI) has expressed serious concerns regarding the potential closure of the Export Processing Zones Authority (EPZA) office in Lahore. This announcement has raised alarms within the business community.
LCCI Raises Alarm Over EPZA Office Closure
According to LCCI, the proposal for closure appears hasty and lacks sufficient justification. This initiative reportedly comes from the newly appointed chairman of EPZA, who took this action shortly after assuming office. LCCI criticized this decision, stating that it was made without a comprehensive assessment of its effects on local businesses.
Impact on Punjab’s Business Landscape
The Lahore office of EPZA plays a critical role in overseeing Export Processing Zones throughout Punjab, including significant centers in Sialkot and Gujranwala. LCCI underscored that the office has been pivotal in facilitating operations for numerous businesses in these areas.
- Key Concerns:
- Lack of thorough evaluation before the proposal.
- Potential administrative obstacles if the office closes.
- Risk of diminished coordination for regional businesses.
The chamber’s leadership calls for reconsideration of this decision to ensure the continued support and growth of Punjab’s vibrant export sector. A collaborative approach is needed to address the challenges faced by businesses in the region.
