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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 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 the Bahawalpur Industrial Estate.

Chairman Punjab Industrial Estates Development and Management Company Javed Iqbal presided over the 166th board meeting of the company. The board approved to release of funds for the purchase of land for the expansion of Multan Industrial Estate, the establishment of a police post in Quaid-e-Azam Business Park, a contract for providing security services in industrial estates and funds for the development works of Bahawalpur Industrial Estate. The meeting approved amendments in the articles of association of PIEDMC, the appointment of external auditors for the audit of the financial year 2022-2023, the revision in operations and maintenance charges of Rahim Yar Khan, Bhalwal, and Vehari Industrial Estates, and the revision of the hiring and reporting structure of the Board of Management. Approved. The board also approved the Centralized Procurement Plan for all BOM’s so the procurement of more than 10 million would be made through the PIEDMC Head Office. A briefing was given on the current status of the development works of Quaid-e-Azam Business Park and the establishment of Garment City. Addressing the meeting, Provincial Minister of Industry and Commerce Chaudhry Shafay Hussain said that all possible steps are being taken to provide facilities to the industrialists. Business Facilitation Centers have been established in major cities of Punjab so that all the problems of industrialists can be solved under one roof within a fixed period. Board Members Shahzad Azam Khan, Sajid Saleem Minhas, Dr. Shahid Raza, Sohail Azhar, Mian Noman Kabir, Ahmed Khan, CEO PIEDMC Ali Muazzam Syed, along with relevant officers of the Department of Industries, Finance and TEVTA also participated in the meeting.





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 […]

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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 […]

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PIEDMC BOD Meeting Press Release 08-04-2024

Chairman Punjab Industrial Estates Development and Management Company Javed Iqbal chaired a meeting of the board of directors. The board approved the sale plan of Bahawalpur Industrial Estate. The meeting approved the design and cost of the main gates of the Quaid-e-Azam Business Park, the audited accounts of the company for the years 2021 and […]

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