Provincial Minister for Trade & Industries Mian Aslam Iqbal presided over a meeting at Civil Secretariat here on Wednesday in which progress on development work and colonization of Faisalabad Industrial City and other industrial estates especially M-3 industrial estate were reviewed. Addressing the meeting, Mian Aslam Iqbal said that hundred percent colonization of industrial estates will be ensured by providing necessary facilities like electricity and gas along with development of infrastructure. The government is committed to promoting trade and economic activities to wriggle the country out of darkness of poverty and joblessness, he said. He regretted the country is facing challenges due to failed economic policies of the past governments. He emphasized that the economy is moving towards stability due to the continued efforts and solid economic policies of the PTI-led government. He said that failure in complete colonization of 4315 acres M-3 industrial estate in Faisalabad, even after a passage of eleventh years, is deplorable. He informed that land has been acquired for Allama Iqbal Industrial City and foundation stone will be laid in December this year. Agreements have been signed with five Chinese companies and Pakistani investors for investment in Faisalabad Industrial City. He said that the entire necessary infrastructure will be provided on priority basis in Allama Iqbal Industrial City Faisalabad and hoped that new industry would create employment opportunities. The line departments should work hard to timely complete the colonization of industrial estates and completion of development schemes. New industrial centres are being established to expedite the process of industrialization and poverty will be overcome by promoting industrial revolution, concluded the minister.
