BOI Reforms team held a meeting with Punjab Industries Department to streamline provincial RLCOs, address SME regulatory challenges, and enhance coordination with federal systems under Reform Package-2.

BOI’s collaboration and commitment with Government of Punjab to streamline regulatory frameworks in Punjab.
BOI Reforms team, headed by Dr. Ahmed Waqar Qasim, Director Reforms, held a productive working-level meeting with the Industries, Commerce & Investment Department, Punjab as part of Reform Package-2 under the Prime Minister’s Regulatory Reforms Initiative.
The session was chaired by Special Secretary for Industries, Ms. Sahibzadi Wasimah Umer, and attended by representatives from SMEDA, Punjab Board of Investment & Trade, Registrar of Firms and Punjab IT Board.
Key discussions focused on harmonizing provincial RLCOs that are similar in nature with federal-level RLCOs to streamline regulatory processes, identifying additional high-impact provincial RLCOs, and proposal of integrating Provincial Registrars of Firms with SECP to streamline business registrations. Moreover, Regulatory challenges being faced by the SME sector were also part of the discussion.

Was this information helpful?