The government will take special measures to facilitate local and foreign investors to bring in more investment to Allama Iqbal Industrial City to accelerate the pace of development.

The Allama Iqbal Industrial City is a prioritized special economic zone of Faisalabad Industrial Estate Development and Management Company (FIEDMC). While speaking to FIEDMC Chairman Mian Kashif Ashfaq, BOI Chairman Atif R Bukhari said they would also introduce a new act through parliament to ensure the presence of all federal and provincial departments in the one-window operation of FIEDMC so that all hurdles would be removed on the spot. Bokhari added that roadshows would be conducted in different countries of the world through a joint venture of BOI and FIEDMC to attract foreign investment.

The BOI chairman highlighted that the government has been working to improve indicators of the ease of doing business in the country.

Both the officials also discussed the investment prospects available in the country and the areas and fields where foreign investors could be invited to make investments leading to overall economic development and an increase in the growth rate.

NNR/Asmaa