As a priority economic zone of a Faisalabad Industrial Estate Development and Management Company (FIEDTM), American Biomedical Engineering Company will establish the first biomedical equipment production unit in Allama Iqbal Industrial City (AIIC).
American Biomedical Engineering Company Director Dr Usman Mustafa called on FIEDMC Chairman Mian Kashif Ashfaq here on Monday,” said a press release issued here on Monday.
At the early stages, this American company will manufacture only those biomedical products or disposables which are being used for heart surgery or its treatment and later, in next stage, heart stents and other latest medical equipment will also be manufactured here to meet the local needs.
Mian Kashif further said investors from across the globe will pump investment in different projects of FIEDMC in coming days so that we can promote industrialization in Pakistan in accordance with the vision of Prime Minister Imran Khan.
He also emphasized that local manufacturers, industrialists and investors would be provided equal opportunities and a level playing field too. “We welcome new players to join this huge market for developing collaborations in different areas as it will be a concrete step towards building partnership,” he added.