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.

Minister Industries Visit to PIEDMC 14-03-2024

Provincial Minister of Industry and Commerce Chaudhry Shafey Hussain visited Sunder Industrial Estate and presided over a briefing session at the PIEDMC head office, the provincial minister also reviewed the production process in the factory. Chairman PIEDMC Javed Iqbal and CEO Ali Muazzam Syed gave a detailed briefing about the ongoing and future development projects and performance of the company. Chairman PIEDMC Javed Iqbal said that in the next 7 years, 11 new industrial estates are planned to be built in different cities of the province. Chaudhry Shafey Hussain directed to submit development plan of Chunian Industrial Estate. While addressing the meeting, Provincial Minister of Industry and Commerce Chaudhry Shafi Hussain said that expediting the process of industrialization in Punjab is the first priority of the government. The industrialization process will be accelerated by the provision of modern industrial infrastructure in the industrial estates, policies will be facilitated to bring new investment into the province. The best facilities should be given to domestic and foreign investors. He further said that there is a wide scope for investment in agriculture, education, health, and other sectors in Punjab. Discussion will be arranged with the federal government to reduce the duty on motors of electric vehicles and solar panels. Minister Industries also planted a sapling in Sunder Industrial Estate in connection with the plantation campaign.



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 […]