English Press Release (I) 16.02.2021

FAISALABAD. CPEC Authority would undertake more uplift projects in Faisalabad after successful launch of Allama Iqbal Special Economic Zone, said Lieutenant General (Retired) Asim Saleem Bajwa, Chairman China-Pakistan Economic Corridor (CPEC) Authority.

After attending a briefing of the Faisalabad Industrial Estate Development and Management Company (FIEDMC) in M3 Industrial City, he said that Allama Iqbal Industrial City is a flagship project of CPEC Authority which will facilitate Chinese investors to shift their high tech industrial units under the second phase of CPEC. About the industrial, commercial and business importance of Faisalabad, he said it is more suitable for local as well as foreign investors. He said that the authority will try its optimum best to improve basic infrastructure in it to facilitate investors. Responding to a question of President FCCI, Engineer Ehtisham Javed, he said that more projects would be launched under CPEC Authority in Faisalabad. In this connection, up-gradation of Faisalabad International Airport is under active consideration while a new expressway connecting both motorways passing from Western and Eastern sides of the Faisalabad city will also be completed as a CPEC project. He said that in order to provide skilled manpower a technical institute will also be established under CPEC Authority. He assured to visit FCCI during next month to discuss issues relating to CPEC and take final decision to launch new development projects. He also visited M-3 Industrial City, Business Zone and Site office and expressed satisfaction over the facilities provided in this mega project. He also stressed the need to further improve the infrastructure in order to facilitate the local as well as foreign investors. 

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