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.

DEVELOPMENT WORK ON VEHARI INDUSTRIAL ESTATE WILL BE COMPLETED DURING JUNE 2017

Punjab Industrial Estates Development and Management Company (PIEDMC) Chairman Rizwan Khalid Butt has announced that development work on the Vehari Industrial Estate will be completed this month, which will be followed by full-scale sale of industrial plots.

In a statement, Butt said electrical work was going on and 201 industrial plots were ready for sale. “A number of Pakistani investors have already purchased plots; they are ready to construct factories in the near future,” he said.

For the time being, pharmaceutical and food processing manufacturers have shown interest in the estate.

chairman

“Availability of top-quality underground water has made the Vehari Industrial Estate lucrative for potential investors from within and outside the country,” he remarked.

“Natural gas is available in Vehari city that makes it a state-of-the-art industrial facility in the region.”

Butt assured prospective industrialists that PIEDMC would assist them in establishing manufacturing units of textile, cotton ginning, food processing, handicrafts, shoe-making, artificial jewellery and agro-based products at the site.

According to PIEDMC, the industrial estate is just six kilometres away from the main city. Its location is strategically beneficial for the industrial units due to availability of skilled labour in and around the city. It is situated on the main Khanewal Road that makes it accessible because of ample availability of transport facilities.

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