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 09-05-2023

Provincial Minister for Industries and Commerce SM Tanveer, along with Minister for Communications and Works Bilal Afzal, conducted a visit to the Quaid-e-Azam Business Park in Sheikhupura to observe the progress of ongoing development works.
During their visit, the industries minister issued directives to the Punjab Industrial Estates Development & Management Company (PIEDMC) to reclaim land from the labor department and utilize it for constructing a labor colony.
The CEO of PIEDMC Ali Moazzam Syed presented a briefing to the ministers regarding the progress of development works, as well as the purchase and sale of plots at the Quaid-e-Azam Business Park. Notably, industrialists and office bearers of the Sheikhupura Chamber of Commerce & Industry also attended the meeting.
SM Tanveer instructed the C&W Department to allocate funds for constructing link roads and to write a letter to RPO Sheikhupura requesting the establishment of a police post in the industrial zone. Additionally, he delegated the CEO of PIEDMC and former chamber president Manzoor Malik to liaise with the National Highways Authority (NHA) and Frontier Works Organization (FWO) to resolve the issue of constructing a motorway interchange.
Also, SM Tanveer expressed his determination to complete the development works of industrial zones within the given timeline and assured the business community of his willingness to assist in resolving any related issues.
The provincial ministers later visited different parts of the Quaid-e-Azam Business Park and expressed their satisfaction with the quality of development works.

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 […]