Faisalabad Economic and Industrial Zone is now equipped with essential utilities - electricity and gas supply, marking a significant milestone in its development.
Federal Minister of Energy, Hammad Azhar, inaugurated a state-of-the-art 132-KV grid station and a gas supply line within the Allama Iqbal Industrial City, a key project under the China-Pakistan Economic Corridor (CPEC).
Minister Azhar emphasized the government's commitment to addressing people's concerns promptly, with an unwavering focus on ensuring uninterrupted power supply for consumers. He underscored the critical role of new grids in boosting domestic industries and job creation, noting that Pakistan's economic outlook remains promising.
With a steady economic growth rate of 5%, the government is diligently working to combat rising living costs. The Faisalabad Industrial Estate Development and Management Company is taking commendable steps to enhance industrial facilities.
The grid station at the (M3) Industrial Estate represents a substantial investment of Rs. 600 million, according to Engineer Bashir Ahmad, CEO of Faisalabad Electric Supply Company (FESCO).
Zafar Iqbal, Chairman of FIEDMC, expressed optimism about the installation of more grid stations and the ongoing gas pipeline project, which will cater to the needs of local and foreign investors, further fueling industrial growth.
The inauguration ceremony witnessed the presence of Chairman of the All Pakistan Textile Processing Mills Association (APTPMA), Hafiz Ehtisham Javed, along with other prominent investors, government officials, and businessmen, highlighting the collaborative effort to propel Faisalabad's industrial sector into a new era of prosperity.