25 foreigners, 50 local companies to invest in Allama Iqbal Industrial City

Sudhir Chaudhary

11th Jan, 2021. 07:48 pm
Allama Iqbal Industrial zone

Punjab govt is committed to supplying electricity 20% less to the investors of Allama Iqbal Industrial zone.

Chairman FIEDMC, Mian Kashif Ishfaq confirmed it by saying that work will be started very soon on a 500kv watts grid station and it costs about Rs12 billion.

On the other hand, the gas supply project is already under process to the Allama Iqbal Industrial City and it costs Rs700 million.

An international airport same like Sialkot will be built in Faisalabad and the expo center will be completed according to the public-private partnership. Jhumra expressway highway will also be completed.

Drive between Lahore to Allama Iqbal Industrial City will be less than an hour.  25 foreigners and 50 local companies come forward to invest in Allama Iqbal Industrial City and around about 30 companies have come to invest in the M3 project.

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