Setting up of industrial zone in Faisalabad lauded

PHMA former VC says the project will create three million job opportunities

FAISALABAD: Politicians and business community lauded the efforts of the government for setting up of Allama Iqbal Industrial Zone in Faisalabad.

Pakistan Hosiery Manufacturers and Exporters Association (PHMA) former VC Kashif Zia said that the government’s initiative would not only boost economic activity but it would also increase exports. This project would also create three million new jobs, he added.

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) former president Mian Muhammad Idrees, Faisalabad Chamber of Commerce and Industries Chairman Rao Sikandar Azam, Pakistan Hosiery Manufacturers and Exporters Association (PHMA) Chairman Mian Muhammad Naeem, Exporters Association’s former chairman Asghar Ali and Power Loom Owners Association Waheed Khaliq Ramey said that the steps taken by the prime minister to increase export and promote industries would give the country a strong economy boost in the future.

They said that the plan would prove to be a game-changer. They added that they were grateful to the PM for making this project a success and giving a 10-year tax rebate to the investors of the Allama Iqbal Industrial Zone.

Published in The Express Tribune, January 4^th, 2020.