FIEDMC Faisalabad SEZ to have an expo center.

Faisalabad: Faisalabad Industrial Estate Development & Management Company (FIEDMC) Chairman Kashif Ashfaq recently announced the decision to set up an expo center adjacent to the Allama Iqbal Industrial City (M3) — with the venue aimed at helping the city’s industrialists to exhibit their goods to the public, according to news sources.

FIEDMC to reserve 100 acres in SEZs for industrial units

The proposed expo center would span over 50 acres of land that has been provided by the FIEDMC. Meanwhile, the Ministry of Commerce will provide the funds for constructing the project.

For the matters pertaining to the new expo center, FIEDMC will sign an agreement with the management company of the Lahore Expo Centre.

FIEDMC to acquire 3,000 acres for M3 Industrial Estate

Additionally, the authorities concerned will also set up a shopping mall within M3 for attracting national and international brands to establish their outlets. The idea is based on the trend popular in Europe, and other regions of the world, where large-scale outlet malls are set up away from populated areas. These outlets sell the factory leftover items at reduced prices. Similarly, the public also has access to international-quality goods at low prices.