While addressing inaugural ceremony of 132KV grid station and a gas supply line at CPEC’s Allama Iqbal Industrial City, Hammad Azhar, Federal Minister for Energy said that new grids are essential for the development of domestic industries. He reiterated that unemployment will be overcome with the growth and development of the industry under the second phase of CPEC. Azhar hailed the role of Faisalabad Industrial Estate Development and Management Company (FIEDMC) to provide facilities to the industries.
Faisalabad Economic and Industrial Zone has been provided electricity and gas supply.
In this regard, a 132-KV grid station and a gas supply line at CPEC’s Allama Iqbal Industrial City have been inaugurated by Federal Minister of Energy Hammad Azhar.
On the occasion, Federal Minister for Energy Hammad Azhar said that the current government is trying to solve the problems of the people at their doorsteps, and providing uninterrupted power supply to the consumers is their top priority.
“New grids are essential for the development of domestic industries. Unemployment will be overcome with the growth and development of the industry. Pakistan’s economic indicators are positive,” he said.
“The pace of economic growth is 5%. The government, aware of the rising cost of living, is working day and night to tackle it. Faisalabad Industrial Estate Development and Management Company is taking steps to provide facilities to the industries which are commendable,” he added.
Rs.600 million has been spent on the grid station at (M3) industrial Estate, revealed by the Chief Executive Officer Faisalabad Electric Supply Company (FESCO) Engineer Bashir Ahmad at the inauguration ceremony.
Chairman of FIEDMC Zafar Iqbal is more optimistic about the installation of new grid stations.
He said that a gas pipeline was also being laid to cater to the needs of industries to be established in this industrial estate, and now more connections from electricity grid station and gas pipeline would be given to local and foreign investors.
At the Inauguration ceremony Chairman All Pakistan Textile Processing Mills Association (APTPMA) Hafiz Ehtisham Javed, other investors, government officials, and businessmen were also present.
