LAHORE: Provincial Minister for Industries and Trade Mian Aslam Iqbal has said that industrial sector enjoys pivotal status in the national economy and we will create new opportunities for employment by prospering this sector. We have chalked out a policy to revive sick industrial units, to set up new industrial zones and special economic zones. A new industrial center under the name of Allama Iqbal Industrial City will be set up amounting to Rs. 23 billion. While under public-private partnership and industrial park in Muzaffargarh and small industrial park in Taunsa will be set up. Provincial Minister expressed these views while talking with media representatives in the premises of Punjab Assembly today. Provincial Minister said that concrete measures have been taken to ease business activities in the province. Online registration of business is undergoing under Business Registration Portal and so far 14000 new businesses have been registered. He further said that by setting up business registration portal, industrialists and traders will not have to frequently visit offices in order to initiate their business and instead they get this facility online. Similarly, online system has also been initiated for payment of taxes. Mian Aslam Iqbal said that PTI government inherited distressed economy and its efforts will bear fruit to streamline and stabilize national economy speedily. He further said that by bringing such reforms in the institutions will ensure ease in the lives of common man. New policies are being introduced in different sectors in addition to industry, concluded Provincial Minister for Industry and Trade Mian Aslam Iqbal.