Adviser to Prime Minister on Commerce Abdul Razak Dawood while chairing a meeting held at Ministry of Commerce and Industry said that the construction work of a state-of-the-art Expo Center in Faisalabad will be started within this year to facilitate the industrialists and foreign investors setting up projects in Faisalabad.
Provincial Minister for Industries, Commerce and Trade Mian Aslam Iqbal and Faisalabad Industrial Estate Development and Management Company (FIEDMC) Chairman Mian Kashif Ashfaq were also present on this occasion.
Abdul Razak Dawood assured the FIEDMC Chairman that a Memorandum of Understanding (MoU) will be inked within one or two weeks between FIEDMC and Lahore Expo Company to run managerial affairs of Faisalabad Expo Center.
He also directed Trade Development Authority of Pakistan (TDAP) officials to make sure that FIEDMC will participate in all international trades and exhibitions.
FIEDMC Chairman Mian Kashif Ashfaq on this occasion said Faisalabad is one of the fastest growing cities of Pakistan which has potential to stabilize national economy by multiplying its exports.
“Only 25% of local industrialists and traders visit fairs at expo centers in Lahore and Karachi but after the establishment of new expo centre in Faisalabad with greater facilities, more people will come to multiply their trade with foreigners and local investors,” he added.