Faisalabad Expo Centr

Faisalabad Expo Centre to build through PPP

Mian Aslam Iqbal, Provincial Minister for Industries conducted a meeting with a delegation of Faisalabad Chamber of Commerce & Industry (FCCI) in his office under the leadership of Rana Sikandar Azam, President FCCI. Advisor to CM on Sports, Umar Farooq and Provincial Minister Ajmal Cheema were also present there.  He briefed the attendees that the project of Faisalabad Expo Centre will be undertaken through Public-Private Partnership (PPP) instead of seeking help from Export Development Fund (EDF). The provincial Industries department has minutely worked on various options for the construction of Expo Center and decided that it should be completed under Public-Private Partnership mode. Under Private-Public Partnership mode, FCCI could manage it affairs in collaboration with provincial government and FIEDMC. Thus, the provincial Industries department will also save millions of rupees to be paid as its rent to the Pakistan Expo Company. He also assured that the land will be allocated for weaving city in M3 industrial estate so that the looms currently working in various parts of the urban areas could be shifted to this planned industrial estate. The minister also assured to review a proposal to allocate land to FCCI for the construction of its new building near proposed Faisalabad Expo Centre in M3 Industrial Estate.