ISLAMABAD: China-Pakistan Economic Corridor (CPEC) Authority Chairman Lt Gen (r) Asim Saleem Bajwa has said that Development work on Allama Iqbal Special Economic Zone at Faisalabad is in full swing.
On a social media website Twitter, Bajwa said that several Pakistani and foreign industries have started construction at this SEZ.
He said that 2,276 acres of land have been fixed for this zone. He said that 33 percent of this land has been purchased by local investors while 182 acres by foreign investors.
Earlier, Punjab Chief Minister Usman Buzdar and Chairman China-Pakistan Economic Corridor (CPEC) Authority Lt General Asim Saleem Bajwa met and discussed various ongoing projects in the province.
Both agreed on constructing China Center and CPEC Tower in Lahore and also decided to promote seed development and research work in the agriculture sector.
CM Buzdar vowed to assist the Chinese investors to establish industries in the province. He said that information desks will be established for industrialists at CPEC Tower where all information will be provided under one roof.
He asked authorities to ensure the implementation of guidelines for industrial development and table recommendations for the resolution of issues to the industrialists.
CM Buzdar also issued directives to finalize the regulations for industrial development at the earliest. He said that CPEC has further strengthened the bilateral ties of Pakistan and China. Asim Saleem Bajwa said that the CPEC project has key importance in the stability of the national economy and development.
