Asad Umar assures to support ICCI for establishment of new industrial estate near Islamabad
- November 19, 2020
Asad Umar, Federal Minister for Planning, Development and
Special Initiatives has assured that he would fully support the ICCI in its
endeavours for the establishment of a new industrial estate near Islamabad so
that industrialization would flourish in the region. He stated this while addressing
a delegation of Islamabad Chamber of Commerce & Industry, which called on
him led by Sardar Yasir Ilyas Khan, President. Khalid Javed, Shaban Khalid, Ch.
Nadeem Gujjar and Taha Akbar Ansari were in the delegation.
Asad Umar fully endorsed the proposal of ICCI for setting up a new industrial
estate near Islamabad and said that he would move a summary of this proposal
to the government for approval and materialization of this important project. He
said that the government would try to acquire land under Sec-4 for industrial
estate to meet the needs of investors and industrialists of the federal capital. He
said that the current government was fully focused on reviving industrialisation
to achieve rapid economic growth and maximum facilitation would be extended
to the ICCI for a new industrial zone in the region.
Speaking at the occasion, Sardar Yasir Ilyas Khan, President, Islamabad Chamber
of Commerce and Industry gave a detailed presentation to Asad Umar on the
need of a new industrial estate in the federal capital. He said that the existing
industrial zones in Islamabad have saturated due to which setting up new
industrial units in Islamabad was not possible and the potential investors of the
region were shifting to other areas that was not good for the local economy. He
said that the government should cooperate in establishing a new industrial zone
near Islamabad Airport as this strategic location provided easy access to the
airport and motorway. He said that the government should also consider setting
up an export processing zone near Islamabad Airport that would help in boosting
exports from this region.
Sardar Yasir Ilyas Khan said that ICCI would fully support the government in
making PM’s Kamyab Jawan Program successful. He said that ICCI would take the
lead in connecting the youth with local industries and SMEs to help them in their
job placement. He said that ICCI would play a role in connecting the young
innovators with industrialists and investors to facilitate them in launching
business start-ups. Â He said that ICCI would also provide guidance, career
counselling and mentorship to youth to foster entrepreneurship in the young
generation. Â Â
Khalid Javed former President ICCI, Shaban Khalid and other members of the
delegation also highlighted the importance of a new industrial estate in or
around Islamabad that would bring multiple beneficial outcomes for the local
economy as it would promote industrialization and investment in the region,
create plenty of new jobs for people and generate more tax revenue for the
government.