Home »Business and Economy » Pakistan » Presentation on FIEDMC at LCCI
Faisalabad Industrial Estate Development & Management Company (FIEDMC) Chief Executive Officer Mian Kashif Ishfaq on Friday gave a detail presentation on his industrial estate at the Lahore Chamber of Commerce and Industry (LCCI).

He apprised the LCCI office bearers and executive committee members of the facilities being provided at the industrial estate. FIEDMC always provides state of the art facilities to its customers besides resolving their issues through one window operation on top priority basis, he said. LCCI Vice President Faheem-ur-Rehman Saigal also spoke on the occasion. Speaking on the occasion, LCCI Acting President Khawaja Shahzad Nasir said the industrial estates are imperative for the industrial growth, employment generation, exports promotion and economic development of the country.

He said the special economic zones are the need of the hour and we have to take certain steps to divert investments to industrial sector. There is a dire need to have a specific industrial policy to encourage the private sector representatives to start vigorous industrialization. Incentives like 10 years tax holiday on corporate incomes and duty free import of plant and machinery will surely help to a great deal in generating new employment opportunities, he added. "There is no doubt that with the establishment of special economic zones across the major industrial areas in the country, the present pace of economic development can be enhanced to achieve the desired results," he said.

Copyright Business Recorder, 2019


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