CPEC SEZ, Allama Iqbal Industrial City achieve first phase completion

ISLAMABAD: The first phase of Allama Iqbal Industrial City, the first Special Economic Zone (SEZ) of Punjab under China Pakistan Economic Corridor (CPEC) has been completed.

Talking to a delegation of exporters and investors, Faisalabad Industrial Estate Development and Management Company (FIEDMC) Chairman, Mian Kashif Ashfaq, here on Wednesday said Prime Minister Imran Khan expressed satisfaction over the pace of development of this project and has directed Federal Minister Hammad Azhar, adviser to PM on Commerce Razak Dawood and Minister Industries Punjab Mian Muhammad Aslam Iqbal to ensure the provision of basic infrastructure including gas, electricity, roads, civic centre etc on top priority before its execution.

He said nearly 20 industrial units have started their production, which covered one third of land of first phase of Allama Iqbal Industrial city while remaining will go into operation by the end of year.

“The PM has further directed to minimise the time of allotment of industrial plots to foreign and local investors and all investors must also be facilitated through one window operation,” he added.