FAISALABAD. March 29 : Sale of plots in Value-Addition City (VAC) sprawling over 181 acres of land near Khurrianwala will start from next week, says project director, Faisalabad Industrial Estate Development and Management Company (FIEDMC), Brig Siddiqi (retired).

Addressing a press conference at FIEDMC offices here on Tuesday, he said that the company was created on the basis of public and private partnership to ensure systematic, planned and balanced industrial growth of this region.

It has proposed two projects of VAC and Faisalabad Industrial City (FIC).

Giving salient features of the two projects, he said VAC was situated in close vicinity of the Khurrianwala Industrial belt. It would have approximately 95 plots of two acres, one acre and half acre each.

“The international concept of flatted factories is being introduced in VAC to encourage small and medium entrepreneurs engaged in value-added textile sector”, he said and added that eight acres of land had also been earmarked for commercial purpose. “It will also have a three-star hotel, petrol/gas station, an industrial mall and shops to cater to the immediate needs of industrial units.

Editorial

A hasty retreat
28 Nov, 2024

A hasty retreat

POLITICAL immaturity has cost the PTI dearly once again. It appears things may not have come to this had Bushra ...
Lebanon truce
28 Nov, 2024

Lebanon truce

WILL it hold? That is the question many in the Middle East and beyond will be asking after a 60-day ceasefire ...
MDR anomaly removed
28 Nov, 2024

MDR anomaly removed

THE State Bank’s decision to remove its minimum deposit rate requirement for conventional banks on deposits from...
Islamabad march
Updated 27 Nov, 2024

Islamabad march

WITH emotions running high, chaos closes in. As these words were being written, rumours and speculation were all...
Policing the internet
27 Nov, 2024

Policing the internet

IT is chilling to witness how Pakistan — a nation that embraced the freedoms of modern democracy, and the tech ...
Correcting sports priorities
27 Nov, 2024

Correcting sports priorities

IT has been a lingering battle that has cast a shadow over sports in Pakistan: who are the national sports...