Allama Iqbal Industrial Zone Faisalabad To Create 300,000 Jobs, Attract Rs 400 Billion Investment

Allama Iqbal Industrial Zone Faisalabad being established under China-Pakistan Economic Corridor (CPEC) is expected to create around 300,000 jobs and attract Rs 400 billion of investment in automobiles, value-added textiles, engineering, pharmaceuticals, food processing, chemicals, construction materials and packaging sectors

BEIJING, (APP – UrduPoint / Pakistan Point News – 13th Jan, 2020 ) :Allama Iqbal Industrial Zone Faisalabad being established under China-Pakistan Economic Corridor (CPEC) is expected to create around 300,000 jobs and attract Rs 400 billion of investment in automobiles, value-added textiles, engineering, pharmaceuticals, food processing, chemicals, construction materials and packaging sectors.

The project will not only contribute to the GDP and increase exports, but it will also encourage import substitution, according to a report of China Economic Net.