Re: Moving towards industrialisation and job creation
i thought i will post this here is well instead of making a new topic, but it is about 3 months old
**CM opens industrial estate
**Staff Report
LAHORE: Chief minister Pervaiz Elahi inaugurated the M-III Industrial Estate on Wednesday.
At the ceremony, he said that industrial estates were being set up throughout the province, which accelerated the pace of investment and industrialisation. He said the government consolidated industrial and social development through public and private partnership.
He said the industrial projects launched by the government were visible and this process of rapid industrialisation would continue.
He said industrial revolution would result in substantial benefits to people of remote, underdeveloped areas.
He said after the establishment of Sundar Industrial Estate and revival of Multan Industrial Estate, the largest M-III industrial estate of the country was being set up over an area of 4,500 acres in Faisalabad, where $10 billion were expected to be invested and four million jobs were expected to be generated. He said the government was coming up with 700,000 employment opportunities annually. He announced setting up of IMAX theatre in Faisalabad, which would provide recreation.
He said allotment of plots had begun in the industrial estate and investors were taking interest in establishing industries in the estate. He said separate zones for foreign investors were being established while 528 acres of land had been earmarked for Chinese investors in the M-III Industrial Estate, where 1,000 factories would be established. He said the Sundar Industrial Estate was a role model for industrialisation. He said revival of Multan Industrial Estate would generate a large number of jobs for people of Southern Punjab. He said establishment of value addition city in Faisalabad was providing investment opportunities to small and middle scale investors. He said the government had provided 13 kanals of land in the heart of the city for setting up Faisalabad Institute of Textile and Fashion Design and land was also provided for setting up the Expo Centre. He said the infrastructure, roads network and the sewage and sanitation system was also being modernised in the city.
He lauded the efforts of the speaker of Punjab Assembly in acquiring land for M-III Industrial Estate. He directed the Sui Gas managing director to immediately provide gas to M-III Industrial Estate.
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http://www.dailytimes.com.pk/default…-8-2007_pg13_8