AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,546 Increased By 137.4 (1.85%)
BR30 24,809 Increased By 772.4 (3.21%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

FAISALABAD: The 111th meeting of the Board of Directors of Faisalabad Industrial Estate Development and Management Company (FIEDMC) was held under the chairmanship of Chairman FIEDMC Zafar Iqbal Sarwar.

The meeting was attended by Deputy Commissioner Faisalabad Ali Shehzad, Chief Executive Officer FIEDMC Rana Muhammad Yousaf, Members Board of Directors, Chairman (PTEA) Sohail Pasha, Secretary General (PTEA) Azizullah Goheer, Engineer Rizwan Ashraf, Syed Zia Alimdar Hussain, Khurram Mukhtar, Musaddiq Zulqarnain, President (FCCI) Atif Munir Sheikh, and Shehzad Azam, Additional Secretary, Finance Secretary, Industry Department attended.

The meeting started with recitation of Holy Quran. Later, Chairman FIEDMC Zafar Iqbal Sarwar elaborated on his meeting with Federal Minister for Planning Asad Umar and others in Islamabad last day. He said that in line with the vision of the Prime Minister of Pakistan Imran Khan, the government was making it easier for businessmen, which is why the launch of One Window Operation System would accelerate the process of industrial development. Successful progress has been made in the pending cases involving Fesco and other entities. He said that all the affairs are being carried out with teamwork in FIEDMC; Alhamdulillah, and all the legal requirements and aspects are being taken care of.

The meeting also discussed issues related to ongoing development and construction work in M3 and Allama Iqbal Industrial City and issues facing customers. It was informed in the meeting that 500 KV grid station will be installed by Allama Fesco in Allama Iqbal Industrial Estate, for which land will be provided by FIEDMC while full support will be received from the Federal Government in this project.

The project will cost 8.6 million rupees, as well as the construction of a 66-foot road, sewerage system work and the construction of a watch tower with a boundary wall. Meeting was also briefed on the provision of mortgage facilities to the customers and it was informed that some customers are seeking mortgage facilities. In addition, ongoing issues with Fesco regarding power transmission etc. were also on the agenda of the meeting. The meeting also discussed in detail the facilities at Value Edition City, M3 Industrial City and Allama Iqbal Industrial City.

Comments

Comments are closed.