Allama Iqbal Industrial City, Faisalabad is the largest special economic zone (SEZ) under the China Pakistan Economic Corridor (CPEC). It is spread well over an area of 3217 acres. The Government of Pakistan has initiated this project under the flagship of CPEC as a major project in the province of Punjab that will enhance the field of industrialization in the region and uplift the commercialization standards. Allama Iqbal Industrial City will definitely transform the life of common Pakistani by bringing up mega shift in the industrial sector opening a lot of job opportunities and generating revenues for Pakistan.
Faisalabad Industrial Estate & Management Company (FIEDMC) is the developing body of this economic zone. The company has a large portfolio. Even in the initial stages of the project, it has attracted many national and international companies to invest in the project. Due to the great potential of Allama Iqbal industrial City to attract foreign investment, the employment opportunities are great and also the project is expected to make large contributions towards export.
The Allama Iqbal industrial city is situated adjacent to M3 industrial City which comprises of many different projects such as textile, Pharmaceuticals, information Technologies, automobile and service complexes. Sahianwala motorway M3 is also situated nearby the project which enhances its proximity to other cities. The road that leads to the industrial city is connected to Faisalabad Sangla Hill Road, Canal Expressway, and Chiniot Road which allows people from these areas to have an easy access.
Industrialization has the potential to generate job opportunities and provide basic facilities to the local people such as access to education and health. The Allama Iqbal industrial City has been developed in a city which is better known as the Manchester of Pakistan; Faisalabad. After the completion of this project a massive transition in terms of industrialization will be observed true. Due to industrial City’s cutting edge facilities that will be provided to foreign and local investors will change the perspective of people regarding the industrialization in the country. According to The Economists the Allama Iqbal in Industrial City SEZ is likely to host investors and businesses all around the world which will boost the economy and create more than 300,000 jobs in the initial phase. The project is feasible for the following types of industries;
- Food Processing
Industrialization has definitely the power to change and transform the economy. It flourishes the businesses Andre stablish is the industries data at the point of extinct. In the same way the Allama Iqbal industrial City has been featured with such significant features that will enhance the lifestyle of people full stop the key features of the Allama Iqbal industrial City-FIEDMC are;
- Supply of gas, water, and electricity
- Waste Management System to eradicate hazardous waste
- One-window service center, emergency services, and centralized security systems to further ensure the security and the needs of employees and employers
- Public transport
- Commercial places with warehouses and dry ports
- Water Treatment Plant to ensure the supply of clean water
- Banks, post offices, petrol pumps, and expo centers to facilitate industries and businesses
- Labor colonies and skill development centers to facilitate employees and job hunters
- Restaurants and hospitals within the vicinity
Impact of Allama Iqbal Industrial City, Faislabad
After the implementation of all the plans included in the Allama Iqbal industrial city – China Pakistan, economic boost will be provided. This project will not only bow the seeds of industrialization, but also the standard of living will be enhanced. The project focuses on the increase of industrialization in the region. Not only that economy will be boosted but also the industrial city will ensure the better utilization of resources. There are many such industries in China which are seeking environment in Pakistan. These industrial cities include singhar housing scheme are perfect for environment that China is seeking.
If you want more information regarding the gwadar residential projects, you can simply contact us and we will provide you all the information regarding Allama Iqbal Industrial City.
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