{"id":61462,"date":"2020-02-16T10:00:00","date_gmt":"2020-02-16T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=61462"},"modified":"2020-02-14T17:10:05","modified_gmt":"2020-02-14T12:10:05","slug":"german-italian-investors-express-interest-allama-iqbal-industrial-city","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/german-italian-investors-express-interest-allama-iqbal-industrial-city.html","title":{"rendered":"German, Italian investors express interest in Allama Iqbal Industrial City"},"content":{"rendered":"\n<p>Lahore: Investors and manufacturers from Germany and Italy recently expressed their interest to invest in the Allama Iqbal Industrial City (AIIC) project in Faisalabad, a news source reported. The AIIC is a prioritised Special Economic Zone (SEZ) of the Faisalabad Industrial Estate Development &amp; Management Company (FIEDMC). It is also part of the China-Pakistan Economic Corridor (CPEC) initiative.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/pm-to-inaugurate-allama-iqbal-industrial-city-in-january.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"PM to inaugurate Allama Iqbal Industrial City in January (opens in a new tab)\">PM to inaugurate Allama Iqbal Industrial City in January<\/a><\/p>\n\n\n\n<p>FIEDMC Chairman Mian Kashif Ashfaq met with different\ndelegations of German and Italian investors during his ongoing tour to Europe. Highlighting\nthe scope of enhancing Pak-German bilateral trade relations, he stated that\nGerman investors had shown a keen interest in Pakistan\u2019s various sectors. <\/p>\n\n\n\n<p>The chairman revealed that a delegation of German investors and manufacturers would soon visit Pakistan for exploring opportunities in the local market. He added that in this regard, FIEDMC would lend all the assistance required.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/pkr-2-5-bn-allocated-for-faisalabads-allama-iqbal-industrial-city-development.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"PKR 2.5 bn allocated for Faisalabad\u2019s Allama Iqbal Industrial City development (opens in a new tab)\">PKR 2.5 bn allocated for Faisalabad\u2019s Allama Iqbal Industrial City development<\/a><\/p>\n\n\n\n<p>Ashfaq stated that Italian investors were also keen to\ninvest in the energy, hydropower, LPG, oil &amp; gas, and various other sectors\nof Pakistan. He opined that Italian investment was important for the country.\nFurther, he assured that FIEDMC would take all measures possible for\ncooperation in this regard.<\/p>\n\n\n\n<p>The FIEDMC chairman emphasised that they were following Prime Minister (PM) Imran Khan\u2019s vision for promoting <a href=\"https:\/\/www.zameen.com\/news\/pm-hopes-pakistan-becomes-top-investment-destination-by-2020.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"ease-of-doing-business (opens in a new tab)\">ease-of-doing-business<\/a> in Punjab. He added that this in regard, FIEDMC was providing maximum number of facilities to both foreign and local manufacturers, along with offering necessary services to businesspersons under one roof. <\/p>\n\n\n\n<p><strong>Read<\/strong>:<a href=\"https:\/\/www.zameen.com\/news\/fiedmc-reserve-100-acres-sezs-industrial-units.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" FIEDMC to reserve 100 acres in SEZs for industrial units (opens in a new tab)\"> FIEDMC to reserve 100 acres in SEZs for industrial units<\/a><\/p>\n\n\n\n<p>Moreover, Ashfaq said that the government had exempted all\nindustries within the export processing zone from tax for a period of 10 years.\nHe added that these manufacturers would be able to import raw material,\nmachinery, plants and other equipment without paying duty on these products.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Investors and manufacturers from Germany and Italy recently expressed their interest to invest in the Allama Iqbal Industrial City (AIIC) project in Faisalabad, a news source reported. The AIIC is a prioritised Special Economic Zone (SEZ) of the Faisalabad Industrial Estate Development &amp; Management Company (FIEDMC). It is also part of the China-Pakistan Economic Corridor (CPEC) initiative. Read: PM to inaugurate Allama Iqbal Industrial City in January FIEDMC Chairman Mian Kashif Ashfaq met with different delegations of German and Italian investors during his ongoing tour to Europe. Highlighting the scope of enhancing Pak-German bilateral trade relations, he stated that German investors had shown a keen interest in Pakistan\u2019s various sectors. The chairman revealed that a delegation of German investors and manufacturers would soon visit Pakistan for exploring opportunities in the local market. He added that in this regard, FIEDMC would lend all the assistance required. Read: PKR 2.5 bn allocated for Faisalabad\u2019s Allama Iqbal Industrial City development Ashfaq stated that Italian investors were also keen to invest in the energy, hydropower, LPG, oil &amp; gas, and various other sectors of Pakistan. He opined that Italian investment was important for the country. Further, he assured that FIEDMC would take all&hellip;<\/p>\n","protected":false},"author":68,"featured_media":60629,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[15030,17958,19418,15121,19419,19421,19420],"persona":[],"class_list":{"0":"post-61462","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-aiic","9":"tag-allama-iqbal-industrial-city","10":"tag-details-on-german-italian-investors-express-interest-in-allama-iqbal-industrial-city","11":"tag-fiedmc","12":"tag-german-investors","13":"tag-investments","14":"tag-italian-investors","15":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>German, Italian investors express interest in Allama Iqbal Industrial City - Zameen News<\/title>\n<meta name=\"description\" content=\"Investors from Germany and Italy recently expressed their interest to invest in the Allama Iqbal Industrial City (AIIC) project in Faisalabad.\" \/>\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\/german-italian-investors-express-interest-allama-iqbal-industrial-city.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"German, Italian investors express interest in Allama Iqbal Industrial City - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Investors from Germany and Italy recently expressed their interest to invest in the Allama Iqbal Industrial City (AIIC) project in Faisalabad.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/german-italian-investors-express-interest-allama-iqbal-industrial-city.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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