ICCI to set up new industrial estate

Will invite Kohat industrialists to establish units there

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) is making efforts to establish a new industrial estate in the region to give a boost to industrialisation.

Speaking to a delegation of the Kohat Chamber of Commerce and Industry, led by its President Syed Faiq Shah, ICCI President Khalid Iqbal Malik said on Friday after allocation of a piece of land to the Kohat Chamber, the ICCI would cooperate with it in constructing its own office building.

Malik said industrialists of Kohat would also be invited to set up their units in the new industrial estate. “The ICCI is ready to support the Kohat Chamber in further strengthening its secretariat so that it can play a more effective role in serving the cause of business community,” he said.



Shah highlighted the investment opportunities available for domestic and foreign investors in various fields including oil and gas, coal, cement, flour mills, carpet-making and others in the region.

He pointed out that Kohat was very peaceful and offered great investment opportunities, especially in oil and gas and coal, which were in abundance in the area.

“Ninety-five per cent of drilling in Kohat proves successful,” Shah said, stressing that investors of Islamabad and other areas should visit the area to exploit the vast natural resources.



The Kohat Chamber, which was set up in December 2013, has not yet been allotted a piece of land for constructing its office building. The unavailability of land was the major problem due to which the chamber was encountering difficulties in promoting the interests of local business community, the Kohat Chamber official added.

Published in The Express Tribune, November 5^th, 2016.

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