By Menahill Rashid
FAISALABAD: British investors are intending to establish hi-tech industries in M3 Industrial Estate, said Mr. Alex Ballinger UK representative for Punjab.
He was addressing a meeting at the residence of Haji Muhammad Adrees (Sadhe Sheikh) former executive member Faisalabad Chamber of Commerce & Industry (FCCI).
Mr. Alex said that Pakistan and UK have close relations with a special focus on Faisalabad. He said that both countries are trying to enhance bilateral trade while maximum facilities are being provided to the local investors ready to launch joint ventures. He said that the British High Commissioner was scheduled to visit Faisalabad but it was deferred due to his pressing engagements. He appreciated the establishment of M3 industrial estate and Allama Iqbal Special Economic Zone and said that these are most suitable places to set up new industrial units. “It would not only enhance the production of exportable surplus but also create maximum job opportunities for the unemployed youth”, he added. Continuing, the British representative for Punjab, clarified that divorce between UK and EU will not affect the Pakistani exports as they would continue to enjoy the same privileges and perks.
National Group leader Mian Javed Iqbal said that Faisalabad is lucky to have world class industrial estates and local as well as foreign investors must avail from these facilities.
Former President FCCI Syed Zia Alumdar Hussain appreciated the Pak strategy to face the pandemic without switching over to lockdown. He said that the UK is one of the major trading partners of Pakistan and close relations between the two countries must be further enhanced to give a quantum jump to our bilateral trade.
Haji Muhammad Adrees (SadheSheikh) welcomed the participants and appreciated the UK cooperation for the sustained development of Faisalabad.
Engineer Asim Munir, Rana Muhammad Sikandar Azam Khan, Mr. Rashid Munir, Atif Munir, Muhammad Saeed Sheikh, Imran Mahmood Sheikh, Chaudhary Muhammad Nawaz, Khurram Shehzad, Mian Tanveer, Haji Muhammad Amin and Engineer Ahmad Hassan also congratulated Haji Muhammad Adrees (Sadhe Sheikh) on his election as executive member of the Pak China Joint Chamber of Commerce & Industry.
