CM Buzdar approves setting up of special economic zone

LAHORE: The Special Economic Zone (SEZ) will be established in Lahore on 231 acres of land and the foundation stone of the Quaid-e-Azam Apparel Park project will be laid next month.

This was decided in a 3rd meeting SEZ chaired by Punjab Chief Minister Sardar Usman Buzdar at his office on Friday.

The meeting approved the adoption of different steps to expedite the industrialisation process in the province.

It also approved giving status of a special economic zone to Allama Iqbal Industrial City Faisalabad that would consist of over 4,000 acres of land to create around 250,000 employment opportunities.

The meeting also decided to give the status of special economic zone to an industrial estate in Bahawalpur, which would be established at an area of 483 acres. He added that industrialisation process would be expedited in southern Punjab.

Published in The Express Tribune, November 2^nd, 2019.