‘Trade officers to be tasked to secure investments for FIEDMC’

Dawood says govt chalking out 'comprehensive solutions' to ensure sustainable economic growth in wake of Covid-19

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Wednesday that trade and investment officers in Pakistan’s missions abroad would be given special tasks of bringing maximum investment in the Allama Iqbal Industrial City, a prioritised special economic zone of the Faisalabad Industrial Estate Development and Management Company (FIEDMC) working under CPEC.

Talking to FIEDMC Chairman Mian Kashif Ashfaq in the federal capital, Dawood said that the trade and investment officers working in more than 50 countries would be dutybound to link expected investors with the one window operation of FIEDMC. Besides, he added, the ministry had already tasked its trade officers to explore new and viable markets for new products and to ensure that orders of Pakistani exporters were not cancelled.

The adviser said the government was committed to formulating comprehensive solutions in order to ensure sustainable economic growth in the wake of Covid-19 outbreak.

FIEDMC Chief Operating Officer Muhammad Aamir Saleemi among other technical experts were also present on the occasion.

Speaking on the occasion, FIEDMC Chief Mian Kashif Ashfaq unfolded the distinctive features of Allama Iqbal Industrial City, saying that this sole project would house as many as 400 industries besides giving employments to 2,500, 00 people.

He said approximately Rs450 billion foreign and local investments would be pumped into AIIC, adding that development project was being carried out on a fast-track basis.

He maintained FIDEMC has always provided state-of-the-art facilities to its customers and resolved their issues through one window operation on top priority. He said the confidence of the investors was being restored after completion of M3 project.

Appreciating the economic policies of Prime Minister Imran Khan and his economic team, the FIEDMC chairman said that the government has made a lot of efforts to overcome the balance of payment issue by focusing on the development of various economic sectors.

He said Razak Dawood’s role in the redressal of business community’s woes was admirable, adding that his untiring efforts have infused confidence in the business community.

Kashif Ashfaq said that technological advancement in all sectors of the economy was vital to achieve a higher growth rate and to make the local producers more competitive in the international market.

He said that PM Imran Khan was an honest political leader, adding that his honesty and credibility has encouraged the local and foreign investors to invest in Pakistan.

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