Staff Reporter
Lahore
Punjab Industries and Trade Minister Mian Aslam Iqbal said on Monday that Pakistan Tehreek-e-Insaf (PTI) government had laid the foundation of an industrial revolution by setting up new industrial zones across the province. Chairing a departmental meeting at his office, he said that country’s biggest industrial estate was being set up over 20,000 acres of land along the Layyah-Muzaffargarh Road, and it would change the economic conditions in south Punjab. The PM would soon lay foundation stone of Quaid-e-Azam Business Park over 1,550 acres of land in Sheikhupura with more than US$1 billion investment and the establishment would create 200,000 jobs, he added. Mian Aslam said that industrial units were being set up expeditiously in Allama Iqbal Industrial City Faisalabad spanning over more than 9,000 acres of land and more than US$2 billion investment had so far been made while investment agreements of more than US$1 billion had been made with foreign investment companies and the industrialization would create 450,000 employment opportunities. The Punjab government is adhering to the policy of generating employment opportunities through industrialisation, and another policy had also been worked out to ensure 100 per cent colonization of industrial estates, he added.
