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 10-05-2023

Punjab Industrial Estates Development and Management Company has taken an important step towards the fulfillment of the promises made to the industrialists, a 132 kv grid station is triggered at the cost of 450 million in Quaid-e-Azam Business Park.

Industrialists are taking profound interest in the mega project Quaid-e-Azam Business Park of the Punjab Industrial Estates Development and Management Company, that is the reason forty percent of the plots of business park have been sold. Comprehending the requirement of industrialists, PIEDMC is concentrating on providing amenities and completing development works on priority basis. Owing to it, a 132 KV grid station has been completed in a short period of time at a cost of 450 million rupees, which will generate 32 megawatts of electricity and more than 80 industries will be benefitted from it. In addition to it, three more transformers are being added to this grid station very soon which will enrich its capacity to 128 megawatts. Quaid-e-Azam Business Park’s own grid station will be managed by PIEDMC while LESCO will be responsible for its maintenance and operation. CEO PIEDMC Ali Muazzam Syed said that with the completion of this grid station, power supply has become abundant in Quaid-e-Azam Business Park, by which not only existing industries are being facilitated but the requirements of new industries can also be met efficiently. He further said that for timely and uninterrupted provision of electricity to the industrialists in Quaid-e-Azam Business Park, the construction of another new grid station will also be started in October this year. PIEDMC is consuming all available resources and playing its vibrant role to offer modern and fully equipped industrial zones to the industrialists and for rapid industrial development in the province.

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 […]