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.

PIEDMC BOD Meeting Press Release 29-06-2021

The 150th meeting of the Board of Directors of Punjab Industrial Estates Development and Management Company was held under the chairmanship of Syed Nabil Hashmi. It was briefed in the meeting that due to its excellent performance PIEDMC has successfully achieved the revenue targets of the last financial year. For financial year 2021/2022, Board approved a collective budget of 21.59 billion for the PIEDMC, PDTRC, Board of Managements of Sundar, Quaid-e-Azam and Multan industrial estates. The Board approved the minutes of the 148th and 149th Board Meetings? PIEDMC Amalgamation and Subdivision Policy 2021, audit reports of the company for the financial year 2018, TORs of Sundar Expansion Committee and recommendations of Procurement Committee. Keeping in view the corporate social responsibility, Board approved upgradation of Nehla village drain adjacent to Sundar Industrial Estate, internship and postgraduate training program for university students and various research programs to build link between industry and academia. The meeting also approved extension in period of Transfer and Non-Utilization Policy for Sundar Industrial Estate, payment of first installment to Sui Northern Gas for supply of gas in Bhalwal Industrial Zone and provision of the net metering facility in all industrial zones under the management of PIEDMC. While Addressing the meeting, Chairman PIEDMC Syed Nabil Hashmi said that on the directions of Minister Industries and Commerce Mian Aslam Iqbal, PIEDMC is facilitating business through one window operations in its managed industrial zones. The ease of Doing Business Index in these zones is one of the best in Pakistan and that is why industrialists are giving preference to PIEDMC-managed zones for their business. The Board directed the management to plan the company’s 20-years vision and make full use of budget and resources to complete the development works of Quaid-e-Azam Business Park, Bahawalpur, Vehari, Rahim Yar Khan, and other special economic zones at forceful speed. 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, Presidents of BOMs Sundar and Multan, Haroon Ali Khan, Hussain Afzal, CEO PBIT Dr. Arfa Iqbal and concerned officers of finance, labor, and industries departments were also 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 […]