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Punjab Industrial Estates Development and Management Company’s efforts to deliver amenities to the industrialists have come to fruition.

Oil and Gas Regulatory Authority Pakistan has issued license to PIEDMC to supply gas in Quaid-e-Azam Business Park and Bhalwal Industrial Estate.

PIEDMC became the first developer company in Pakistan to be authorized to supply gas.

Now industrialists will no longer have to wait for years to get required gas supply.

PIEDMC has laid gas infrastructure at a cost of Rs 2 billion in Quaid-e-Azam Business Park through which up to 65 MMFCD gas will be supplied.

10 MMFCD gas will be supplied in Bhalwal Industrial Estate.

PIEDMC will provide gas to the industrialists on a single request as per their requirement through one window operations, CEO PIEDMC

Consumption of gas will be billed as per the notified rates of OGRA, Ali Muazzam Syed

Chief Executive Officer Punjab Industrial Estates Development and Management Company Ali Moazzam Syed chaired the meeting of Punjab Special Economic Zone Committee.

The meeting approved to grant special zone enterprise status to 5 companies acquiring industrial plots in the Bhalwal and Vehari Industrial Estates.

Optimus Labortories, Air Med Pvt Ltd, Ushnaz Pharma, Premium Seeds and Moderna Sciences has been approved as SEZ enterprise.

Secretary Committee Amna Faisal Shah, Director PBIT Dr Sohail Saleem and concerned officers of BOI and district administrations were also present.

ASIAN DEVELOPMENT BANK VICE PRESIDENT VISITS PIEDMC TO DISCUSS FINANCIAL PROPOSALS

Asian Development Bank (ADB) Vice President Wencai Zhang on Wednesday visited the head office of Punjab Industrial Estates Development & Management Company (PIEDMC) and discussed the suggestions for funding of the provincial industrial estates. On the occasion, Irfan Qadri, member of PIEDMC Board of Directors, discussed the suggestions for funding the installation of the Combined Effluent Treatment Plants and Power Plants at the industrial estates of the province. PIEDMC CEO Shairyar Salim and General Manager Marketing Ijaz Azeem briefed the ADB vice president about the international standard industrial estates of the province. Sundar Industrial Estate Board of Management head Asif Ali highlighted the facilities available to multinational companies. The ADB vice president also assured the PEIDMC officials that he will consider their suggestions.

To View this news on different newspaper click the link given below:

  1. Business Recorder
  2. The Nation
  3. Daily Naai Baat
  4. Roznama Dunya
  5. Daily Jang
  6. Nawai-i-Waqt
  7. Roznama Pakistan
  8. Daily City 42
  9. The Business
  10. Roznama Samaa
  11. Roznama 92 News

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