M3 industrial city adds more zone enterprise firms

Lahore: A high-level meeting was held on Wednesday headed by the Faisalabad Industrial Estate Development and Management Company (FIEDMC) Chairman Mian Kashif Ashfaq. The Special Economic Zone (SEZ) committee of FIEDMC has granted 11 more international and domestic companies in the M3 industrial city, the status of zone enterprise.

Ashaq said that figure of zone enterprises had now increased to 53. The 11 in M3 will contribute billions of dollars in phase one of their respective projects. They will have access to high-quality infrastructure, continuous flow of power supply, public facilities and support services.

He said such incentives offered by the PM Imran Khan would generate jobs, pull investment and encourage the further establishment of industrial units. Government is taking steps to ease the business in M3 and facilitate foreign investment.

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