Faisalabad: According to news reports, Adviser to the Prime Minister on Trade and Investment Abdul Razzak Dawood claimed that the development of Allama Iqbal Industrial City is proceeding at a rapid rate on Prime Minister Imran Khan’s directives. Allama Iqbal Industrial City is one of the first megaprojects to be built under the China Pakistan Economic Corridor (CPEC) concept in Punjab.
During a review meeting to discuss the industrial city’s development status, the adviser informed the attendees that all of the necessary infrastructures for setting up industrial units had been provided. Dawood will also be present at the meeting with British Business Council to explore methods to increase foreign investment in the country, according to meeting participants.
The advisor revealed more information regarding the Allama Iqbal Industrial City, stating that work on 20 industrial units had already begun and that work on the other units will begin before the end of the year. The industrial city was being built as a global commercial centre and an international industrial zone, in addition to providing basic infrastructure and facilities in the economic zones.
According to Dawood, an Expo Centre, an International Airport, and a dual carriageway road facility would be built in the Allama Iqbal Industrial City to connect it to the Lahore-Abdul Hakeem Motorway M3 and the Faisalabad-Multan Motorway M4.