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.

Establishment of five economic zones approved in Punjab

The Prime Minister Imran Khan has approved establishment of five economic zones in Punjab province. Out of these five proposed special economic zones, four zones have been assigned to Punjab Industrial Estates Development & Management Company (PIEDMC). The PIEDMC has already completed construction of three economic zones while the land has been acquired for fourth zone and […]

PM to inaugurate Quaid-e-Azam Business Park in March

Prime Minister Imran Khan will inaugurate Quaid-e-Azam Business Park, Sheikhupura located at close proximity of Lahore-Islamabad Motorway. In this connection, the groundbreaking ceremony of Quaid-e-Azam Business Park (QABP), Sheikhupura will be held next month. This was disclosed during 141st meeting of the Board of Directors of Punjab Industrial Estates Development & Management Company under the […]

PIEDMC offers investors to set up factories in SEZs

The Punjab Industrial Estates Development & Management Company (PIEDMC) has offered the local and foreign investors to set up their factories in four special economic zones (SEZs) in the Punjab province. While giving a briefing to the business community, PIEDMC chief executive officer Muhammad Javed Ilyas said these setups will prove to be a tool […]

PIEDMC chief visits LCCI

The Punjab Industrial Estates Development and Management Company (PIEDMC) has offered investors and industrialists in the country and abroad to setup factories in four special economic zones in Punjab, a statement said on Wednesday. Brief the Lahore Chamber of Commerce and Industry (LCCI) members, PIEDMC Chief Executive Officer Muhammad Javed Ilyas said that these factories […]

POWER SUPPLY TO INDUSTRY: NEPRA CHIEF ASSURES AFFORDABLE PRICE

Chairman National Electric Power Regulatory Authority (NEPRA) Tauseef H Farooqi has assured power supply to the industry on affordable price. He was talking to media after inaugurating a 40MW transformer at the Sundar Industrial Estate on Friday. He also held a meeting with the Board of Directors of Punjab Industrial Estates Development & Management Co […]

PRIVATE SERVICES SECTOR CAN HELP ALLEVIATE POVERTY

The private services sector is an engine of growth and can create employment and help alleviate poverty. That is not only in this part south Punjab, but over the entire country. The government under the dynamic leadership of Prime Minister Imran Khan is making an effort to facilitate the business community to put the country […]

QUAID-E- AZAM APPAREL PARK TO BE CONVERTED TO MULTI FACET BUSINESS PARK

The Punjab Industrial Estates Management & Development Company (PIEDMC) has decided to convert Quaid-e- Azam Apparel Park to a multi facet Business Park. Besides approval of 220-KV Grid for Sundar Industrial estate and constitution of new Board for Punjab Drug testing and Research Center. At a meeting of BOD of Punjab Industrial Estates Development & […]

CHINESE COMPANY TO SETUP CERAMIC UNIT

Chinese company has begun construction on a ceramics factory on 37 acres of land with an investment of $70 million in Bhalwal Industrial Estate near Sargodha. The unit, being constructed by the Oral Ceramics, is expected to begin operations by March 2020. Punjab Industrial Estates (PIE) Chairman Nabeel Hashmi said the PIE has fetched its […]

3 PUNJAB INDUSTRIAL ESTATES GIVEN STATUS OF SEZS

Punjab Industrial Estates Chairman Syed Nabeel Hashmi disclosed on Tuesday that Prime Minister Imran Khan had granted the status of Special Economic Zone (SEZ) to three industrial estates, situated in Bhalwal, Rahim Yar Khan and Vehari under the control of Punjab Industrial Estates Development and Management Company (PIEDMC). Hashmi told the media here that the […]