LAHORE : Prime Minister Imran Khan will inaugurate the state-of-the-art
Allama Iqbal Industrial City, a prioritized project of Special Economic Zone (SEZ) of
Faisalabad Industrial Estate Development and Management Company (FIEDMC) under
CPEC today (Friday) to house foreign and local investors, besides giving impetus to
economic activities in the country.
Appreciating the economic policies of Prime Minister Imran Khan, Faisalabad Industrial
Estate Development and Management Company (FIEDMC) Chairman Mian Kashif
Ashfaq on Thursday said that the incumbent government focused on the economic
growth in the country.
“With trade and investment being an important pillar of the present government’s
foreign policy, there is a positive sentiment among the international community
towards the country’s economy, which needs to be tapped,” he added.
Highlighting the development projects of FIEDMC, Ashfaq said that around Rs400
billion local and 200 million dollar foreign investment will be injected into various
projects, which clearly indicates that investors have reposed complete confidence in
the present regime.
He said that Allama Iqbal Industrial City has been planned over an area of 4000 acres,
which is strategically located on Motorway M-4 near Sahianwala Interchange,
Faisalabad.
He said that main boulevard, entrance gate and boundary wall will be completed
within six months.
