15-Dec-2022

At CBD Punjab House, Punjab Central Business District Development Authority (PCBDDA) and Faisalabad Industrial Estate Development & Management Company (FIEDMC) held a formal meeting to discuss the establishment of new bilateral business ties between the two entities to explore domestic and foreign investment opportunities in Faisalabad. The meeting was attended by senior officials from both organizations, including PCBDDA CEO Mr. Imran Amin, FIEDMC Chairman Mr. Waseem Afzal, and FIEDMC General Manager Mr. Rana Muhammad Yousaf Chairman PCBDDA Mr. Fazeel Asif Jah, COO PCBDDA Brig. (R) Mansoor Ahmed Janjua, along with other directorate heads and officials. During the meeting, the investment potential of Faisalabad was highlighted, and the development initiatives undertaken by CBD Punjab were praised for their significant impact on the province's development landscape. The meeting shed light on new avenues in textile, sports, auto parts, agriculture, modern urbanization, and other development sectors. PCBDDA CEO Mr. Imran Amin reiterated CBD Punjab's commitment to increasing Pakistan's economic growth by aligning new business avenues for people across Punjab district. Both entities discussed ideas based on JV, profit, and land-sharing business models to attract lucrative investment for the development of Punjab. Chairman FIEDMC Mr. Waseem Afzal also praised CBD Punjab's capabilities to become an economic engine of the province, envisioning the project as a multi-billion initiative. The meeting concluded with the understanding that all potential investment opportunities should be utilized to the maximum for the economic development of Punjab. Concerned departments and authorities were encouraged to dynamically explore new business avenues to accelerate the province's economic pace.