Colonization of CPEC SEZ Faisalabad begins with planned Rs 53 6 billion Investment--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
Second CPEC, SEZ start with Rs 53.6bn investment in Faisalabad: BOI
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ISLAMABAD (Dunya News) – The Board of Investment (BOI) has said that second Special Economic Zones (SEZ) of China Pakistan Economic Corridor (CPEC) begins with Planned Rs.53.6 billion investment in Faisalabad to attract the foreign and local investors with state of art world standard facilities.
After the launch of China Pakistan Economic Corridor’s (CPECs) first Rashakai SEZ, colonization of the CPEC, Allama Iqbal Industrial City (AIIC) Faisalabad begins with planned Rs.53.6 billion Investment, said a press release issued by BOI here on Sunday.
Govt allots 320 acres lands in SEZ to local, Chinese investors
Business
March 6, 2021
ISLAMABAD: The government on Friday allocated 320 acres of industrial lands to local and Chinese investors in the second special economic zone in Faisalabad.
A committee formed for Allama Iqbal Industrial City (AIIC) Faisalabad special economic zone approved 15 applicants and allotted lands to them. The applicants include Chinese Firm Zhengbang Agriculture Pakistan Private Limited with a plan Rs800 million investments in agriculture sector and 14 local firms, including Zahid Jee Textile Mills, Ocean Ceramics, and Ittehad Metals with investment proposals of Rs11.8 billion, Rs11.2 billion and Rs7.5 billion, respectively.
Board of Investment (BOI) Chairman Atif Bokhari said the automation process of SEZs was approved to facilitate investors to gain admission in zones and ensure transparency in allocation of plots in various SEZs.
Establishment of industrial city in Faisalabad begins - Pakistan dawn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawn.com Daily Mail and Mail on Sunday newspapers.