ps3linux
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I was in Faisalabad since yesterday and met some key industrialists, chamber of commerce and another Govt department after those meetings I thought amidst all negative propaganda about Pakistan by media, foreigners and desi accomplices let me share some positive things which are happening to Pakistan’s economy.
First M3 Industrial Park which is over 4000 Acres is now fully subscribed, over 80% of the industrial plots have either started operations or in the process of fast track completion. Many existing industrialist have upgraded their machinery, methods. Diversified their product lines, gone into new ventures with local international joint ventures. Some premium international brands are also included, I ‘ll not name them. One Turkish unit has already started operations, the tax collection is growing substantially. There is no shortage of electricity and on top of everything the infrastructure from phone lines, to roads is highly appreciated by the industrialists and one Govt Deptt which is pushing hard, strangely for positive improvement.
They are acquiring another 3300 acres land, really motivating factor is before acquisition already 35% of it is sold, and they told me that in order to satisfy the demand they will have to increase the new one to 10,000 acres. On a lighter note they were making fund that this will be the first true SEZ part of CPEC which will become operational, K.P is still acquiring land and planning; Sind has PPP infestation or parasites while Punjab is way ahead. This Deptt was set up by previous Govt, but the new one is pushing the limits by already putting in place power infrastructure through NTDC which will have 4 times the capacity of existing Faisalabad power requirement, planning is being done for setting up independent GENCO.
Strangest thing the industrialists shared was that Punjab and federal bureaucracy along FBR is not only positively supportive but removing hurdles as well. There are regular meetings between senior reps of Federal Govt with all stake holders and PM is getting frequent feedback on the project.
Some people were so positive that they said this SEZ will Inshallah extend to Lahore including Jaranwala, Sheikhupura, etc.
After that met one export tycoon of apparel, well more on that and some other good news later or some other thread.
The whole point of making this thread is share positive news about the country, I don’t trust the politicians, the bureaucrats but when a businessman say he is so optimist about Pakistan that he is taking a multibillion risk by setting up a new unit, I trust him because this is the guy who knows what he is doing and he must have done ample homework.
@Mangus Ortus Novem , @Dubious something to cherish
@The Accountant belated tagging sorry.
First M3 Industrial Park which is over 4000 Acres is now fully subscribed, over 80% of the industrial plots have either started operations or in the process of fast track completion. Many existing industrialist have upgraded their machinery, methods. Diversified their product lines, gone into new ventures with local international joint ventures. Some premium international brands are also included, I ‘ll not name them. One Turkish unit has already started operations, the tax collection is growing substantially. There is no shortage of electricity and on top of everything the infrastructure from phone lines, to roads is highly appreciated by the industrialists and one Govt Deptt which is pushing hard, strangely for positive improvement.
They are acquiring another 3300 acres land, really motivating factor is before acquisition already 35% of it is sold, and they told me that in order to satisfy the demand they will have to increase the new one to 10,000 acres. On a lighter note they were making fund that this will be the first true SEZ part of CPEC which will become operational, K.P is still acquiring land and planning; Sind has PPP infestation or parasites while Punjab is way ahead. This Deptt was set up by previous Govt, but the new one is pushing the limits by already putting in place power infrastructure through NTDC which will have 4 times the capacity of existing Faisalabad power requirement, planning is being done for setting up independent GENCO.
Strangest thing the industrialists shared was that Punjab and federal bureaucracy along FBR is not only positively supportive but removing hurdles as well. There are regular meetings between senior reps of Federal Govt with all stake holders and PM is getting frequent feedback on the project.
Some people were so positive that they said this SEZ will Inshallah extend to Lahore including Jaranwala, Sheikhupura, etc.
After that met one export tycoon of apparel, well more on that and some other good news later or some other thread.
The whole point of making this thread is share positive news about the country, I don’t trust the politicians, the bureaucrats but when a businessman say he is so optimist about Pakistan that he is taking a multibillion risk by setting up a new unit, I trust him because this is the guy who knows what he is doing and he must have done ample homework.
@Mangus Ortus Novem , @Dubious something to cherish
@The Accountant belated tagging sorry.
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