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Sialkot Industrial Zone to have smooth supply

Sialkot Industrial Zone to have smooth supply
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PIEDMC committee holds meeting

PIEDMC committee holds meeting July 3, 2021 LAHORE: The special economic zone committee of the Punjab Industrial Estates Development and Management Company (PIEDMC) granted the status of special zone enterprise to the recipients of industrial plots in Quaid-e-Azam Business Park. The committee met under the chairmanship of Syed Nabeel Hashmi gave this status to Rumi Fabrics, Fabrizo, Petpak Films, Chromatics, Global Packaging Films, Starlet Innovations, Ajmer Foods, Back Packaging, and AHS Pvt Ltd. These companies would bring an investment of 20 billion that would create thousands of new jobs. PIEDMC chairman directed the management to expedite the development works in all industrial zones especially Quaid-e-Azam Business Park, and provide timely and best services to the customers through one window operations. He said industries with special enterprise status would be given one-time exemption for machinery import and income tax exemption for 10 years.

Auto Parts Technology Park to be set up: Aslam

July 1, 2021 LAHORE: Provincial Minister for Industries and Commerce Mian Aslam Iqbal has said that Auto Parts Technology Park would be set up on nine acres of land in Quaid-e-Azam Business Park, Sheikhupura. He said this while chairing a meeting held to review performance of PIEDMC, progress on the ongoing schemes and implementation strategy of new schemes. He observed that the technology park would have product designing, training centre, parts manufacturing unit, testing and other facilities. He said that the Punjab government had paved the way for the industrial revolution by setting up new industrial zones in the province. Colonization of industrial estates can accelerate economic growth, so PIEDMC should focus on colonization of industrial zones, he said.

Edb Board apprised of steps being taken by Millat Tractors for future technologies and export acceleration

Edb Board apprised of steps being taken by Millat Tractors for future technologies and export acceleration
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BCCI, PIEDMC chiefs meet

BCCI, PIEDMC chiefs meet December 17, 2020 LAHORE: Bahawalpur Industrial Estate is the first of its kind project in South Punjab to bring the less-developed areas of the country into the mainstream, and it will usher a new era of development in this region, a statement quoted an official, as saying on Wednesday. Talking to a delegation of Bahawalpur Chamber of Commerce and Industry, headed by its President Tanveer Mahmood, PIEDMC Chairman Syed Nabeel Hashmi said that this industrial estate, spread over 483 acres, will be developed on the 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.

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