Nov 21, 2021 | By PIEDMC

Press Release 21-11-2021

On the direction of Punjab Government, Punjab Industrial Estates Development and Management Company participated in Dubai Expo and International Business Conference led by Punjab Chief Minister Usman Bazdar. To promote investment in Punjab and provide best facilities to industries, PIEDMC signed three important agreements with reputed local and foreign companies. These include Rumi Fabrics, Global Packaging and Patpak Films Pvt. Ltd. CEO PIEDMC Ali Moazzam Syed, Director of Rumi Fabrics Khawaja Najamuddin Rumi, Chief Executive Officer of Global Packaging and Patpak Films Pvt Ltd Naveed Goodell signed the MOU’s. Domestic and foreign investment of Rs. 45 billion is expected in Punjab and thousands of new jobs will also be created due to these agreements. Provincial Minister for Industry and Commerce Mian Aslam Iqbal, Secretary Dr Wasif Khurshid and other provincial ministers were also present on the occasion. Addressing the event, Punjab Chief Minister Usman Bazdar said that due to the industry friendly policies of the Punjab government, investors are giving priority to set up industries in Punjab, which is accelerating the pace of economic growth. In addition to speeding up work on ongoing projects in the current financial year, work is also being done for the establishment of new industrial zones.

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