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.

The 147th meeting of the Board of Directors of PIEDMC

The 147th meeting of the Board of Directors of Punjab Industrial Estates Development and Management Company was held under the chairmanship of Syed Nabil Hashmi. The meeting approved a giving additional charge of Chief Executive Officer to Ali Moazzam Syed and proceedings of the last board meeting. The Board approved the expansion plan of Sundar Industrial Estate and the construction of the Medical Trauma Center. The Board approved to abolish non-utilization fees for commercial plots in all industrial estates managed by the PIEDMC and Incentives package for investors to promote colonization. The Board approved to apply water charges policy in all industrial estates and to form a litigation committee for legal matters. The Board approved to contract with Sui Northern Gas Company for the supply of RLNG in Quaid-e-Azam Business Park and to make an agreement with NHA to build an interchange on the motorway for easy access to the Park. PIEDMC board approved incentive and installment package for industrialists wishing to purchase plots of 25 acres or more in QABP. During the meeting, Chairman PIEDMC Syed Nabil Hashmi directed the management to expedite the development works related to the managed industrial estates, especially the Quaid-e-Azam Business Park and to resolve issues related to security and customer services on an urgent basis. Board Directors Syed Tariq Siraj Jafri, Arif Qasim, Ahsan Mehmood Butt, Usman Aslam Malik, Shahid Hussain Tarar, Muhammad Anees Khawaja, Dr. Sameera Rehman, CEO Ali Moazzam Syed, and other officers of relevant departments were present in the meeting. 

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 […]

PIEDMC Press Release BOD Meeting 05-07-2024

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 […]

PIEDMC Press Release 07-05-2024…

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 […]