Categories: Everyday News

Govt aims to maximise incentives for investors: Razak Dawood

LAHORE: Razak Dawood, the special adviser to Prime Minister (PM) Imran Khan on Commerce informed the Faisalabad Industrial Estate Development and Management Company (FIEDMC) that the government aims to provide the best incentives for both local and foreign investors. 

invest with imarat

Islamabad’s emerging city centre

Learn More

He further said that such incentives would increase investments in the industrial sector and strengthen the national economy with a spillover effect on the poor section of the society. 

He also reviewed the status of Allama Iqbal Industrial City (AIIC), one of the first major projects in Punjab under the CPEC scheme. 

FIEDMC Chairman, Mian Kashif Ashfaq, briefed the adviser that the AIIC work had been expedited on the orders of the Prime Minister. He further added that new industrial units have been facilitated with the basic infrastructure including the supply of water, gas, and energy, and civic centres. 

He also informed that around twenty industrial units have gone into operation which constitutes up to a one-third area of the AIIC. The remaining units are planned to start their production by the end of this year. 

He said that PM Imran Khan has also called for facilitating all the investors through one-window operation and reducing the time of allotment.

He further briefed that the AIIC project covers an area of 3,300 acres and its operation was being expedited. The city includes a modern business centre, a furniture city, an apparel park, and a mega expo centre where ‘Made in Pakistan’ products will be featured and promoted to attract potential buyers, local and foreign. 

 

For more news and information, visit Graana.com 

 

Maham Tahir

Recent Posts

Baghbanpura Bazar: A Historic Market in Lahore

Lahore, known as Pakistan's cultural and historic heart, is home to numerous ancient sites, bustling…

10 hours ago

Garha Mor: A Notable Landmark in Vehari City

Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…

2 days ago

Aslam Market Wah Cantt: Pleasure of Shopping & Dinning

Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…

3 days ago

Abid Market Lahore: An Iconic Shopping Landmark

Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…

4 days ago

CDA Chairman Urges Rapid Completion of Major Islamabad Interchanges

ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…

4 days ago

IMARAT Announces Launch of Pakistan’s Largest Sharia-Compliant REIT – A New Era of Real Estate Investment

Islamabad, Pakistan— IMARAT Group, a leading real estate developer and innovator in Pakistan, announces the…

4 days ago