OPF to set up industrial estate

ISLAMABAD—The Overseas Pakistanis Foundation (OPF) would set up an industrial estate for Overseas Pakistanis at Motorway Chakri Interchange Rawalpindi to provide investment opportunities to overseas investors. In this regard, the Foundation had also inked Memorandum of Understanding with the Punjab government last year, official told here Sunday. He said the Industrial Estate will spread over 1000 acres in first phase on Pakistan Motorway. The Punjab government will provide land while OPF will develop and provide complete infrastructure facilities, he added. Official said that Federal government would guarantee the provision of all basic utilities for the scheme like water, gas, electricity and telephone and also ensure similar incentives for this Industrial Estate as allowed to Chinese specific zone in the country.—Agencies