On the third day of the year 2020, Prime Minister Imran Khan inaugurated Allama Iqbal Industrial City M-3 Faisalabad under the Under CPEC special economic zone project. The land comprises of 3217 Acers and located right next to the existing SEZ of M-3 Industrial City, Faisalabad.
This project will lead to investment of Rs. 400 Billion, and will provide employment opportunities to 300,000 individuals. China will provide Rs. 125 Billion for the industrial estate.
Industries including textile, steel, pharmaceuticals, engineering, chemicals, food processing, plastics, agriculture implements are highly-promoted to set up in Allama Iqbal Industrial City M-3 Faisalabad.