FEDMC to build 113-acre bonded warehouse, Chinese community center as industrial reforms gather pace: CEO

Faisalabad Industrial Estate Development and Management Company (FIEDMC) Chief Executive Officer (CEO) Madam Qurrat-ul-Ain Memon said that FIEDMC would establish a state-of-the-art 113-acre bonded warehouse and a dedicated community center for Chinese investors while completing administrative reforms to accelerate development and occupancy of its industrial estate

FAISALABAD, (APP - UrduPoint / Pakistan Point News - 7th Jul, 2026) Faisalabad Industrial Estate Development and Management Company (FIEDMC) Chief Executive Officer (CEO) Madam Qurrat-ul-Ain Memon said that FIEDMC would establish a state-of-the-art 113-acre bonded warehouse and a dedicated community center for Chinese investors while completing administrative reforms to accelerate development and occupancy of its industrial estates.

Addressing a meeting at Faisalabad Chamber of Commerce & Industry (FCCI), she said that a summary for the proposed projects had been prepared and would soon be forwarded to the provincial cabinet for approval.

She said that the first five to six months after assuming office were devoted to introducing administrative reforms as sustainable progress and timely resolution of issues were impossible without strong and efficient management system.

She said that on the directives of Punjab Chief Minister (CM) Maryam Nawaz, the entire FIEDMC approval system had been digitalized through the E-Biz platform, enabling investors to obtain required approvals within hours instead of days.

She said that industrial plots in FIEDMC-managed estates were among the most affordable in the country, but a number of allottees had retained possession of their plots for nearly a decade without initiating construction.

She said that the company would adopt a balanced approach by protecting the interests of genuine investors while cancelling plots allotted to non-serious investors who had failed to establish industrial units despite the passage of considerable time.

Such plots would be re-allotted to entrepreneurs ready to start construction immediately, thereby generating industrial production, employment opportunities and exports, she added.

She said that a survey of vacant plots had been conducted through the Special Investment Facilitation Council (SIFC), which revealed that several allottees had not even laid the foundations of their proposed industrial units.

Referring to facilities for Chinese investors, she said that dedicated residential space had been earmarked where FIEDMC would construct housing at its own expense in addition to existing accommodation arrangements.

This initiative would facilitate the secure movement of Chinese nationals within the gated industrial zones and further strengthen investor confidence, she added.

She also announced plans to establish labor colonies in adjoining areas to provide decent housing facilities for industrial workers.

She said that proposals were also under consideration to improve transport connectivity through electric bus services and a railway passenger service linking the industrial estates with surrounding areas.

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A railway platform would be constructed within the industrial estate where Pakistan Railways and Customs authorities would provide operational services to facilitate freight movement and trade, she added.

She further informed the participants that a cargo train service would soon be launched to connect the industrial estates with Faisalabad, Chak Jhumra and Chiniot, significantly improving logistics and supply chain efficiency for exporters and manufacturers.

Earlier, FCCI President Farooq Yousaf Sheikh said that establishment of FIEDMC had long been a key demand of the business community as industrial development remained essential for sustainable economic growth, employment generation and export expansion.

He said that the government had set an export target of 60 billion US dollars. "However, we have the potential to increase Pakistan's exports up to 100 billion Dollars if conducive industrial policies and improved infrastructure are provided," he added.

Farooq Yousaf Sheikh appreciated the performance of FIEDMC under Chairman Rana Azhar Waqar and CEO Qurrat-ul-Ain Memon, stating that the organization's administrative and operational environment had improved significantly following their appointments.

He urged FIEDMC to ensure provision of basic infrastructure for the chamber's allotted plot within industrial estate and called for early commencement of the proposed 50-acre Expo Center project.

Regarding the proposed cancellation of undeveloped plots, FCCI President suggested that genuine allottees willing to begin construction should be given additional time instead of facing immediate cancellation.

Senior Vice President FCCI Naveed Akram Sheikh offered vote of thanks while FCCI President presented chamber's commemorative shield, gifts and a collar pin to Madam Qurrat-ul-Ain Memon.

Later, she also recorded her remarks in the FCCI Visitors' Book.

Vice President FCCI Engineer Asim Munir, former FCCI President Muzammil Sultan, Rana Muhammad Sikandar Azam Khan, Atif Munir Sheikh, Chaudhry Muhammad Nawaz, Vice President Faisalabad Women Chambers of Commerce & Industry (FWCCI) Madam Maimoona Imran, Kanwal Saeed, Mian Muhammad Tayyab, Hajji Muhammad Attaullah, Nabeel Nisar, Kashif Anjum and other leading representatives of the business community also attended the meeting.