Chief Minister Punjab Sardar Usman Buzdar has approved the adoption of different steps to expedite the industrialization process in the province. He was presiding over a meeting which approved the giving status of a special economic zone to Allama Iqbal Industrial City Faisalabad. The chief minister said that this industrial city would span over four thousand acres of land to create around 2.5 lakh employment opportunities.
The meeting also decided to give the status of the special economic zone to an industrial estate in Bahawalpur and Usman Buzdar said that this industrial estate would be established on an area of 483 acres adding that industrialization process would be expedited in southern Punjab as a result. Establishment of a special economic zone on an area of 238 acres was also granted in Mianwali district in the private sector. The meeting also approved the establishment of a special economic zone in Lahore in the private sector and the chief minister said this SEZ would be established on 231 acres while foundation stone of Quaid-e-Azam Apparel Park project will be laid in the mid of next month.
The chief minister said that special economic zones are being established in Punjab and special incentives will be offered to the investors to strengthen the economy and to promote job opportunities. He also directed to dispose of matters relating to the establishment of SEZs without any delay.