{"id":58915,"date":"2019-12-21T10:00:01","date_gmt":"2019-12-21T05:00:01","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=58915"},"modified":"2019-12-20T16:09:26","modified_gmt":"2019-12-20T11:09:26","slug":"aiic-declared-pakistans-most-lucrative-investment-project","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/aiic-declared-pakistans-most-lucrative-investment-project.html","title":{"rendered":"AIIC declared Pakistan\u2019s \u2018most lucrative\u2019 investment project"},"content":{"rendered":"

Lahore: Board of Investment (BOI) Chairman Zubair Gilani recently declared Allama Iqbal Industrial City (AIIC) to be the \u2018most lucrative project for investment in Pakistan\u2019, a news source reported. He expressed his views on the matter during a visit to the Faisalabad Industrial Estate Development and Management Company<\/a> (FIEDMC) on Thursday.<\/p>\n

Read:\u00a0PM to inaugurate Allama Iqbal Industrial City in January<\/a><\/p>\n

AIIC is being built as a priority project under the China-Pakistan Economic Corridor (CPEC) framework. It is being set up under direct orders from Prime Minister (PM) Imran Khan. BOI Chairman Gilani said that completion of this project would mark the start of an industrial era for the country.<\/p>\n

Read:\u00a0Govt invites bids for Allama Iqbal Industrial City development<\/a><\/p>\n

FIEDMC Chairman Mian Kashif Ashfaq briefed BOI chairman about the AIIC project. He said that the industries being set up in AIIC would be given a 10-year tax exemption on import of machinery. Additional facilities planned for the industrial city include a technical university.<\/p>\n

Read:\u00a0CDWP gives a nod to Dhabeji SEZ, 10 other projects<\/a><\/p>\n

The FIEDMC chairman also revealed that the company would collaborate with the Naya Pakistan Housing Authority (NPHA) and construct 10,000 flats for AIIC labourers.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lahore: Board of Investment (BOI) Chairman Zubair Gilani recently declared Allama Iqbal Industrial City (AIIC) to be the \u2018most lucrative project for investment in Pakistan\u2019, a news source reported. He expressed his views on the matter during a visit to the Faisalabad Industrial Estate Development and Management Company (FIEDMC) on Thursday. Read:\u00a0PM to inaugurate Allama Iqbal Industrial City in January AIIC is being built as a priority project under the China-Pakistan Economic Corridor (CPEC) framework. It is being set up under direct orders from Prime Minister (PM) Imran Khan. BOI Chairman Gilani said that completion of this project would mark the start of an industrial era for the country. Read:\u00a0Govt invites bids for Allama Iqbal Industrial City development FIEDMC Chairman Mian Kashif Ashfaq briefed BOI chairman about the AIIC project. He said that the industries being set up in AIIC would be given a 10-year tax exemption on import of machinery. Additional facilities planned for the industrial city include a technical university. Read:\u00a0CDWP gives a nod to Dhabeji SEZ, 10 other projects The FIEDMC chairman also revealed that the company would collaborate with the Naya Pakistan Housing Authority (NPHA) and construct 10,000 flats for AIIC labourers.<\/p>\n","protected":false},"author":18,"featured_media":55107,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14547],"persona":[],"class_list":{"0":"post-58915","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-aiic-declared-pakistans-most-lucrative-investment-project"},"acf":[],"yoast_head":"\nAIIC declared Pakistan\u2019s \u2018most lucrative\u2019 investment project - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: Board of Investment (BOI) Chairman Zubair Gilani recently declared Allama Iqbal Industrial City (AIIC) to be the \u2018most lucrative project for\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/aiic-declared-pakistans-most-lucrative-investment-project.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIIC declared Pakistan\u2019s \u2018most lucrative\u2019 investment project - 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