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.

Press Release 09-12-2021

A meeting was held in the Civil Secretariat under the chairmanship of Provincial Minister for Industry and Commerce Mian Aslam Iqbal in which the progress on colonization of industrial estates was reviewed. Minister showed displeasure on the slow pace of colonization and directed the PIEDMC and FIEDMC to expedite the process of colonization. Both companies should set targets for the colonization of industrial estates and present in next meeting. Addressing the meeting, Provincial Minister for Industry and Commerce Mian Aslam Iqbal said that all financial issues of the country can be solved only by accelerating the pace of industrial development. Minister aimed that he will personally visit industrial estates to check on ground situation of development works and colonization. He directed PIEDMC to immediately write a letter to the department for required funding. Mian Aslam Iqbal marked that Quaid-e-Azam Business Park should be completed by December 31, 2022 in all respects, Chunian Aqua Business Park will be inaugurated in the first week of January while Bahawalpur and Muzaffargarh Industrial Zone will be inaugurated in February and March respectively. He directed FIEDMC to take strict action against the defaulters and impose heavy fines on those who did not start construction within the stipulated time. Secretary Industry and Commerce Dr. Wasif Khurshid, Chairman PIEDMC Syed Nabil Hashmi, Head Special Monitoring Unit Fazil Asif, MD PSIC, CEO’s of PIEDMC and FIEDMC and relevant officers attended 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 […]