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ECC okays warehouses, logistic sector as industry

Islamabad: August 15, 2024 : The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet at Finance Division on Thursday.

The meeting was attended by the Minister for Industries & Production Rana Tanveer Hussain, Minister for Commerce Mr. Jam Kamal Khan, Minister for Privatization Mr. Abdul Aleem Khan, Deputy Chairman Planning Commission, Federal Secretaries, and other senior officials of the relevant ministries.

The Cabinet Committee approved the proposal presented by the Industries & Production Division to continue the Prime Minister’s Relief Package for FY 2024-25 through Utility Stores Corporation with revised price and subsidy. Furthermore, the ECC approved the request of Ministry of Industries & Production to declare Warehousing and Logistic Sector as an industry.

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