Our Correspondent
Islamabad
A Memorandum of Understanding (MoU) was signed between the Islamabad Chamber of Commerce & Industry (ICCI) and the Rawalpindi Development Authority (RDA) here on Monday to establish an industrial estate alongside the Rawalpindi Ring Road (R3) project on Public Private Partnership (PPP) model, to be known as the “ICCI Islamabad Industrial Estate”.
President ICCI Sardar Yasir Ilyas Khan and Chairman RDA Raja Tariq Mehmood signed the MoU during a ceremony held at Chamber House.
Senior Vice President ICCI Fatima Azim, Vice President Abdul Rehman Khan, Convener ICCI Committee on New Islamabad Industrial Estate Khalid Javed, Chairman Founder Group Mian Akram Farid, Deputy Director RDA Muhammad Junaid Taj and others were present in the ceremony.
Speaking at the occasion, Sardar Yasir Ilyas Khan said that Pakistan’s progress and prosperity was linked with industrialization and hoped that the signing of this MoU between ICCI and RDA would be instrumental in setting up a new industrial estate to boost investment and start a new era of rapid industrial growth in the region. The ICCI President urged that the government should extend the construction package for another year to attract maximum investment.
