Punjab to set up Auto Parts Technology Park
Will facilitate auto sector in product design, parts manufacturing and testing
LAHORE:
Punjab Minister for Industries and Commerce Mian Aslam Iqbal has revealed that the government of Punjab is planning to set up Auto Parts Technology Park near Lahore in a bid to support the growing industrialisation.
The new facility will be constructed at the Quaid-e-Azam Business Park, Sheikhupura, a Special Economic Zone (SEZ) of the multibillion-dollar China-Pakistan Economic Corridor (CPEC) and one of the eight industrial parks working under the Punjab government.
During a meeting with members of the Punjab Industrial Estate Development and Management Company (PIEDMC), Iqbal pointed out that the Auto Parts Technology Park would be established on nine acres of land and it would facilitate the auto sector in terms of product design, training centres, parts manufacturing, testing and allied facilities.