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January 15, 2020

US traders keen to invest in SEZ

Business

January 15, 2020

LAHORE: US entrepreneurs have shown keen interest to invest in Allama Iqbal Industrial City, a prioritised special economic zone (SEZ) of Faisalabad Industrial Estate Development and Management Company (FIEDMC) under CPEC, a statement said on Tuesday.

A delegation of US-based businessmen led by Pakistan American Business Forum (PBAF) President Riaz Hussain called on FIEDMC Chairman Mian Kashif Ashfaq and expressed their interest to explore the new investment-friendly business environment offered by FIEDMC.

The major purpose of the meeting was to provide an opportunity to exchange views and identify the areas in trade in which investment can be pumped.

Ashfaq briefed the delegation about the investment opportunities and incentives package being offered to investors.

Following the vision of Prime Minister Imran Khan, FIEDMC was extending maximum facilities to the foreign and local manufacturers and providing all services to businessperson under one roof for ease of doing business in the province, he said.

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