FIEDMC largest company to develop economic zones under CPEC: Punjab Minister

Lahore: Punjab Provincial Minister for Industries and Commerce Mian Aslam Iqbal has said Faisalabad Industrial Estate Development and Management Company (FIEDMC) had become the largest company to develop economic zones under the China-Pakistan Economic Corridor (CPEC).

He said the present government had taken steps for economic prosperity and economic growth in three years which were continuing.

“The FIEDMC has become the largest company developing economic zones in Pakistan under CPEC,” he said citing the Allama Iqbal Industrial City.

The minister said the government was actively involved in the promotion of investment and the problems of investors were being addressed on a priority basis.

Iqbal was hearing the pending applications of the industrialists regarding Allama Iqbal Industrial City in FIEDMC site office here on Friday.

The minister inquired about the problems of the investors including plot, documentation and directed the Chief Executive Officer (CEO) to guide the investors in completing all the matters as per the checklist and to settle their pending matters at the earliest.

He said that Allama Iqbal Industrial City should be made the first priority of local and foreign investors as this project was a milestone in the industrial development of Pakistan.

He congratulated the members of new FIEDMC board and said the Punjab government would provide services in line with the Prime Minister’s vision for industrial development and are committed to solving the problems through joint efforts.

He said that in order to provide world class facilities to the companies investing in this economic zone, a special window center, expo center, golf and country club are being set up here.

Newly members assured of all possible cooperation. Acting Chief Executive Officer Rana Yousaf, members of the newly constituted Board President Chamber of Commerce Hafiz Ehtesham Javed, Syed Zia Alamdar Hussain, Engineer Rizwan Ashraf, Farrukh Zaman and others besides Officer of Industries Department Punjab Ijaz Khaliq Razzaqi and other officers were present.