Islamabad, November 08, 2012 (PPI-OT): Federal Minister for Production Anwar Ali Cheema inaugurated the Stone laying Ceremony of IFC’s new building project along with Federal Secretary for Production Gul Muhammad Rind. On the occasion Syed M. Shahnawaz Burney gave a brief speech mentioning the details of the project.
Total estimated cost for this project is 750 Million Rupees. The five storey building would be utilized to attract new business and foreign Multi-National Companies to set up their offices in this building. The estimated completion time for the project is three years. The building is primarily funded by four main shareholders including Pakistan Industrial Development Corporation (42%), National Fertilizer Company (NFC 18 %), Pakistan Steel (27%) and EDB 7%.
For more information, contact:
Haji Ahmed Malik
Principal Information Officer
Press Information Department (PID)
Tel: +9251 925 2323 and +9251 925 2324
Fax: +9251 925 2325 and +9251 925 2326