British investors have expressed interest in setting up hi-tech business units in the M3 Industrial City, said UK Representative to Punjab Alex Ballinger in a meeting with Faisalabad Chamber of Commerce and Industry (FCCI) former executive member Haji Muhammad Idrees.

During the meeting the British envoy appreciated the establishment of M3 Industrial City and Allama Iqbal Industrial City, and termed them the most suitable places to establish new industrial units.

Alex Ballinger said that Pakistan and UK enjoyed close relations with special focus on Faisalabad, adding that both countries “are trying to enhance bilateral trade and maximum facilities are being provided to local investors, who are ready to launch joint ventures”.

 

Ballinger while expressing his view said that both nations should continue to promote joint ventures as they not only enhance the production of exportable surplus but would also create job opportunities for the unemployed youth.

The UK representative also assured that UK’s exit from the European Union would not have any effect on its imports from Pakistan as Islamabad would continue to enjoy the same privileges and perks.

During the meeting, National Group official Javed Iqbal urged domestic and foreign investors to take benefit of the industrial estates.

British investors have expressed interest in setting up hi-tech business units in the M3 Industrial City, said UK Representative to Punjab Alex Ballinger in a meeting with Faisalabad Chamber of Commerce and Industry (FCCI) former executive member Haji Muhammad Idrees.

During the meeting the British envoy appreciated the establishment of M3 Industrial City and Allama Iqbal Industrial City, and termed them the most suitable places to establish new industrial units.

Alex Ballinger said that Pakistan and UK enjoyed close relations with special focus on Faisalabad, adding that both countries “are trying to enhance bilateral trade and maximum facilities are being provided to local investors, who are ready to launch joint ventures”.

Ballinger while expressing his view said that both nations should continue to promote joint ventures as they not only enhance the production of exportable surplus but would also create job opportunities for the unemployed youth.

The UK representative also assured that UK’s exit from the European Union would not have any effect on its imports from Pakistan as Islamabad would continue to enjoy the same privileges and perks.

During the meeting, National Group official Javed Iqbal urged domestic and foreign investors to take benefit of the industrial estates.

From : pk.mashable.com

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