Mar 06, 2020 | By PIEDMC

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 all preparations have already been completed to construct fourth economic zone in Bahawalpur. 

The chairman Punjab Industrial Estates Development & Management Company (PIEDMC) Syed Nabeel Hashmi has applauded the decision of Prime Minister Imran Khan and said that it is a right decision in the right direction and this decision would facilitate the local and foreign investors to import their machinery in all these economic zones without taxes and duties and tax holiday for ten years.

The chairman PIEDMC also endorsed the prime minister that with establishment of these economic zones will not only provide facilities and incentives to the business community but usher a new era of development in province of Punjab and decision is also in line to fulfill vision of PM to provide and create jobs to 20 million people.

The Chairman PIEDMC also appreciated the support of the Provincial Minister of Industries Mian Muhammad Aslam Iqbal for his support and guidance towards the industrialization in Punjab province.

The Chairman of PIEDMC said that these economic zones will be developed on pattern of Sundar Industrial Estate in Lahore, where all infrastructure including electricity, roads, sewerage and other developmental facilities have been provided, keeping in view the international construction standards. On completion of these four economic zones more than 200,000 jobless people will be employed directly and about one million would be benefited indirectly, he added.

  1. The Nation
  2. Daily Times
  3. Pakistan OBSERVER
  4. Lahore Mirror
  5. Profit Pakistan Today
  6. EX BULLETIN
  7. The Business
  8. Roznama 92 News
  9. Roznama Duniya
  10. Daily Pakistan
  11. Roznama Khabrain
  12. Daily Sar Zameen

Jul 20, 2020

Quaid-e-Azam Business Park Booking Open Now!

Quaid-e-Azam Business Park Booking Open Now!

Located on main M-2...

Jul 19, 2020

PM Performs Quaid-e-Azam Business Park Groundbreaking

Prime Minister Imran Khan on Saturday said that no nation i...

Jun 24, 2020

Punjab Govt planning early launch of Quaid-e-Azam Business Park

Punjab Govt, emerging from lockdowns, is now gearing to stimula...

Application For Industrial & Commercial Land

OFFICE ADDRESSES


Head Office:

PIEDMC Commercial Area (NORTH) Sundar Industrial Estate, Raiwind Road, Lahore.


City Office:

Plot No. 169/S, 3rd & 4th Floors, OWSC Building, Quaid-e-Azam Industrial Estates, Kot Lakhpat, Lahore.

Copyright © 2020 Punjab Industrial Estates Development and Management CompanyPIEDMC. All Rights Reserved. Developed by Tech Andaz

×