Allama Iqbal Industrial City Faisalabad to be inaugurated in First week of January

Under the China-Pakistan Economic Corridor (CPEC) on January 3, 2020, Pakistan Tehreek-e-Insaf (PTI) government would open the 4,000-acre Allama Iqbal Industrial City, Faisalabad. Chairman Parliamentary Committee on CPEC Sher Ali Arbab informed this on camera meeting. The two countries had agreed to develop nine Special Economic Zones (SEZs) across the country. It has been decided to complete three SEZs on priority basis including Allama Iqbal Industrial City, Faisalabad, and two others located in Rashakai in Khyber Pakhtunkhwa and Dhabeji in Sindh. It has also been reported that the Punjab government has invited bids for the development of 4,000-acre Allama Iqbal Industrial City. The committee would also go to Gwadar and visit development projects there. The committee would also arrange open courts to address problems in the projects as well as public problems of Gwadar residents. The committee also discussed socio-economic development projects under $1 billion grant of China. That money would be spent on projects for the welfare of the people. A team of Chinese experts would visit Pakistan in near future for this purpose and such projects would be discussed in next Joint Cooperation Committee (JCC) meeting of both countries.