Page 11 - அல்லாமா இக்ப்யால் தொழில்துறை நகரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Govt allots 320 acres lands in SEZ to local, Chinese investors Business March 6, 2021 ISLAMABAD: The government on Friday allocated 320 acres of industrial lands to local and Chinese investors in the second special economic zone in Faisalabad. A committee formed for Allama Iqbal Industrial City (AIIC) Faisalabad special economic zone approved 15 applicants and allotted lands to them. The applicants include Chinese Firm Zhengbang Agriculture Pakistan Private Limited with a plan Rs800 million investments in agriculture sector and 14 local firms, including Zahid Jee Textile Mills, Ocean Ceramics, and Ittehad Metals with investment proposals of Rs11.8 billion, Rs11.2 billion and Rs7.5 billion, respectively. Board of Investment (BOI) Chairman Atif Bokhari said the automation process of SEZs was approved to facilitate investors to gain admission in zones and ensure transparency in allocation of plots in various SEZs.

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