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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.

TURKISH COMPANIES SEEK TO INVEST IN INDUSTRIAL ESTATES

A Group of Turkish companies has shown its keen interest to invest in the industrial estates being managed by Punjab Industrial Estates Development and Management Company (PIEDMC). According to the company’s spokesman, the Turkish delegation head Hayat Kimya after visiting the Bhalwal Industrial Estate said that Pakistan is an ideal place for investment. The delegation also visited the industrial units of Noon Sugar Mills and Fauji Foods and appreciated their products standard and quality.

During their visit, the delegation members also took interest in different fields including hotels, hospitals, private schools, universities, residential colonies and industrial units and said that there was lot of investment potential in these areas. The company’s officials also briefed the delegation about the facilities being provided in the industrial estates.

To view the same news of different newspaper, click on link below:

  1. Tribune
  2. Business Recorder
  3. The Business
  4. Pakistan Observer
  5. Daily Nai Baat
  6. Jang
  7. Daily Pakistan
  8. Insaf
  9. Express
  10. City 42
  11. Daily Ausaf

To download the news click here.

PIEDMC Press Release BOD Meeting 04-09-2024

Provincial Minister of Industry and Commerce Chaudhry Shafay Hussain visited the PIEDMC office and observed the board meeting as a special invitee. The board approved the Annual budget of 53 billion for the financial year 2024/2025. The development funds of 9 billion are allocated for the Quaid e Azam Business Park and 2 billion for […]

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Chairman PIEDMC Javed Iqbal presided at the 165th meeting of the company’s Board of Directors. The board approved the design and cost of the entrance gates of Quaid-e-Azam Business Park and the appointment of the Chief Financial Officer. The board of Punjab Industrial Estates Development and Management Company approved the determination formula for the gas […]

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The Bahawalpur Chamber of Commerce and Industry delegation calls on Chairman PIEDMC Javed Iqbal at PIEDMC Head Office. Chairman PIEDMC informed the delegation about the official launch of the sale of the Bahawalpur Industrial Zone and formally invited for investment. The delegation included Bahawalpur Chamber of Commerce and Industry President Chaudhry Zulfiqar Ali Mann, Former […]

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