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 Press Release 06-02-2023

Care Taker Provincial Minister for Industry and Commerce S.M Tanveer visited PIEDMC head office in Sundar Industrial Estate. SM Tanveer directed to pay special focus on colonization and provision of basic facilities including gas and electricity.

Secretary Industries and Commerce Lt (Rtd) Sohail Ashraf and Ceo PBIT Jalal Hassan were also accompained with the Minister. CEO PIEDMC Ali Muazzam Syed gave detailed briefing on the progress of development projects and official matters. The provincial minister directed to prepare an action plan for the next three months of PIEDMC which should be followed vigorously. He directed to prepare a detailed plan for the sale of vacant plots in the industrial zones managed by PIEDMC and expedite the progress on development works. He further directed that the construction of the dedicated interchange of Quaid-e-Azam Business Park should be started soon without any delay. Addressing the meeting, SM Tanveer said that colonizatoin of industrial zones should be our first priority so that the country’s economy can be improved along with the provision of employment. Industrialists should construct their factories within stipulated time and according to PIEDMC’s regulations so that they can play their role in the country’s economy in a timely manner. GM Business Development Amina Faisal and other relevant officers 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 […]