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.
July 2, 2021
LAHORE: Punjab Minister for Industry and Commerce Mian Aslam Iqbal Aslam has said all possible assistance would be provided to All Pakistan Textile Processing Mills Association (APTPMA) for relocating its industrial units in Quaid-e-Azam Business Park Sheikhupura.
He said this in response to a demand by a delegation of APTPMA which called on him and asked him for 200 acres of land in the industrial estate as they wanted to relocate the industrial units there. The minster said that a world-class special economic zone was being established in Sheikhupura. Mian Aslam Iqbal said that due to the investor-friendly policies of the Punjab government, industrialists were turning to Punjab for investment. The commerce additional secretary, PIEDMC CEO and other officers concerned officers were also present in the meeting.
‘Auto Parts Technology Park to be set up’
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.
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.