The Punjab government has prepared a policy to offer state land on lease to investors, said sources. The sources said the objective of the policy is to woo investors in the province. They said the department of industries has prepared the policy that was approved by Chief Minister Punjab Usman Buzdar.

According to the new policy, the state land could be offered to both local and foreign investors. The government would not procure land for investors, and instead it would offer state land on lease, they added. This policy has been devised to facilitate investors to the maximum in order to fetch the much-needed investment in the country.

Copyright Business Recorder, 2019