Govt allots 320 acres lands in SEZ to local, Chinese investors thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
Provincial Minister Finance Khyber Pakhtoonkhwa, Taimur Saleem Jhagra, said that the China Pakistan Economy Corridor (CPEC) is a potential fate-changing
Pakistan and China established diplomatic relations on May 21, 1951. The first high-level official delegation visited China just after three months of liberation, on January 4, 1950. But the bonds of friendship have gone back to centuries-old trade relations, when Chinese traders travel through Pakistan on their business trips to the Middle-East, Europe, and the rest of the world through ancient Silk Route. Over 2,000 yers ago famous figures such as the monks Fa Xian and Xuan Zang traveled through areas which are today known as Pakistan.
This relationship was built on the strength of successive achievements and becomes formidable with each passing day and year. The leadership of both countries is committed to taking this relationship forward.
Faisalabad, Feb.17 (Gwadar Pro) - China-Pakistan Economic Corridor (CPEC) Authority Chairman Lt. General Asim Saleem Bajwa (retd) said on Monday afternoon that up-gradation of Faisalabad International Airport was under consideration while a technical institute to provide skilled manpower would also be established by the CPEC Authority in the city.
He said that the CPEC Authority would undertake more projects in Faisalabad after the successful launch of Allama Iqbal Industrial City Special Economic Zone (SEZ) under the CPEC.
Addressing a meeting during his visit to Allama Iqbal Industrial City, Bajwa said that Allama Iqbal Industrial City was a flagship project of CPEC Authority which would facilitate Chinese investors to shift their high tech industrial units under the second phase of CPEC.
Supply of electricity, gas to be ensured
Islamabad
January 31, 2021
Islamabad : Federal Minister for Energy Omar Ayub has said that 500 KVA grid station and 40 million metric cubic feet of gas will be provided for immediate supply of electricity in Allama Iqbal Industrial City, the preferred special economic zone of Faisalabad Industrial Estate Development & Management Company (FIEDMC) under China Pakistan Economic Corridor (CEPC), says a press release.
Funds would be provided on an emergency basis for the project. He was talking to Chairman FIEDMC, Mian Kashif Ashfaq. On the occasion, he also assured to provide additional 15 million metric cubic feet of gas for M3 Industrial Estate.