Economic golden triangle shall be exploited

ISLAMABAD, Dec.9 (Gwadar Pro) - It is high time that Pakistani government should take revolutionary steps for exploiting the potentials of the Golden Economic Triangle (Sialkot, Gujranwala and Gujrat).

These cities are known as the golden triangle of Pakistan with strongest industrial base but still unspoken.

The exporters, manufacturers and traders belonging to Golden Economic Triangle of Pakistan had urged upon the government to take drastic steps for exploiting the unrealized the potentials of unique economic golden triangle of the country.

The golden triangle had vibrant and strong industrial base producing for domestic and international markets. It may be mentioned that three cities Sialkot, Gujranwala and Gujrat were trying to establish their positions as major stakeholders and contributors of national economy.

The triangle represents the highest SME base of Pakistan employing millions of skilled workforce and among highest per capita income in the country. The triangle holds its unique importance because of its production of highly value-added commodities being both exported local trade.

Pakistan's overall economic growth has also been impeded due to too much reliance on Textile Industry and not focusing on Export Diversification spearheaded by highly value-added sectors hailing from the Golden Economic Triangle including the Sports Goods and Apparel, Surgical Instruments, Leather Products, Cutlery, Ceramic Ware, Sanitary products, Metal Processing, Switch Gears and Transformers, Pumps and Motors, Articles and Made-ups of Plastic and PVC, Fans, Carpets and Furniture to name a few.

Talking to Business Recorder on Sunday Former President Sialkot Chamber of Commerce and Industry (SCCI) Dr Nouman Idrees Butt said that Sialkot, Gujranwala and Gujrat represent the highest SME base of Pakistan employing millions of skilled labour and among the highest per capita incomes of the country.