The federal government will fully help expedite the early completion of special economic zones of Faisalabad Industrial Estate Development and Management Company (FIEDMC) on top priority to attract foreign and local investors for enhancing exports and strengthening of national economy.
Mian Kashif Ashfaq, chairman FIEDMC, said this was assured to him by Pakistan Tehreek-e-Insaf (PTI) senior party leader Jahangir Tareen at a meeting held here on Friday.
Jahangir said he would arrange a meeting of FIEDMC Chairman with Prime Minister Imran Khan as earlier as possible to address all outstanding issues regarding development of SEZs and said the government will fully facilitate the business community, as it wanted to end poverty and accelerate the economic process in the country.
He further said that SEZs will advance economic connectivity and regional cooperation which will have far reaching positive implications for the prosperity of Pakistan. He also appreciated the efforts of FIEDMC chairman for providing state of the art facilities to industrialists and investors.
Jahangir Tareen said Pakistan has offered a big incentive package to foreign investors in order to gear up its economy and attract FDI in a large volume “Investment incentives in Pakistan are diverse and highly business friendly. We offer prospects of co-production and joint ventures with foreign investors and the potential growth sectors such as infrastructure, energy, electricity, oil production and exploration, and natural resources are open to large scale investment,” he added.
FIEDMC Chairman Mian Kashif Ashfaq briefed him about Allama Iqbal Industrial City and other projects being initiated under the umbrella of CPEC. He further said each Economic Zone is unique and extraordinary endeavour based on the modern lines of development and is dedicated towards providing excellent industrial estates to highly valued customers.