Tuesday, September 21, 2021

'British investors interested in setting up hi-tech industries in M3 Industrial Estate' - UrduPoint News

Last updated Friday, September 10, 2021 09:50 ET , Source: TopWireNews

FAISALABAD, (UrduPoint / Pakistan Point News - 10th Sep, 2021 ) :British investors are intending to establish hi-tech industries in M3 Industrial Estate, said Alex Ballinger, the UK representative for Punjab.
He was addressing a meeting at the residence of Haji Muhammad Idrees, former executive member Faisalabad Chamber of Commerce & Industry (FCCI).
Alex said that Pakistan and UK have close relations with a special focus on Faisalabad. He said that both countries were trying to enhance bilateral trade while maximum facilities were being provided to the local investors, who were ready to launch joint ventures.
He appreciated the establishment of M3 industrial estate and Allama Iqbal Special Economic Zone and said that those were most suitable places to set up new industrial units. "It would not only enhance the production of exportable surplus but also create maximum job opportunities for the unemployed youth," he added.
Continuing, the British representative for Punjab, clarified that separation of the UK from the EU would not affect the Pakistani exports as they would continue to enjoy the same privileges and perks.
National Group leader Mian Javed Iqbal said that Faisalabad was lucky to have world class industrial estates, and local as well as foreign investors must benefit from these facilities.
Former president FCCI Syed Zia Alamdar Hussain appreciated the Pak strategy to face the pandemic without implementing too much lockdown. He said that the UK was one of the...

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