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.

Over 300 companies keen to set up industrial units in QABP

Over 300 national and multinational companies have shown interest in establishing industrial units in the Quaid-e-Azam Business Park (QABP). This was revealed at a meeting at the Punjab Industrial Estates Development and Management Company (PIEDMC) office here on Friday. Secretary of the Punjab Industries Department Capt (retd) Zafar Iqbal presided over the meeting that was also attended by PIEDMC Chairman Syed Nabeel Hashmi and officials from the Punjab Board of Investment and Trade.

PIEDMC Chairman Syed Nabeel Hashmi gave a detailed briefing on the business plan for the Quaid-e-Azam Business Park, Sheikhupura, and apprised the meeting of arrangements made for the inaugural ceremony.

The chairman said the establishment of the Business Park would go a long way in realizing the concept of a state-of-the-art business park fetching foreign direct investment, paving way for not only industrial growth but also providing vast opportunities of employment in the province.

He said that an industrial group from China has also shown its keen interest in relocating its industry in the Business Park.

He also appreciated the support of the provincial Minister of Industries, Mian Muhammad Aslam Iqbal, for his backing and guidance towards fast track industrialization in Punjab.

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