Lahore, December 10, 2021 (PPI-OT):A meeting was held in the Civil Secretariat under the chairmanship of Provincial Minister for Industry and Commerce Mian Aslam Iqbal in which the progress on colonization of industrial estates was reviewed. Minister showed displeasure on the slow pace of colonization and directed the PIEDMC and FIEDMC to expedite the process of colonization. Both companies should set targets for the colonization of industrial estates and present in next meeting.

Addressing the meeting, Provincial Minister for Industry and Commerce Mian Aslam Iqbal said that all financial issues of the country can be solved only by accelerating the pace of industrial development. Minister aimed that he will personally visit industrial estates to check on ground situation of development works and colonization. He directed PIEDMC to immediately write a letter to the department for required funding.

Mian Aslam Iqbal marked that Quaid-e-Azam Business Park should be completed by December 31, 2022 in all respects, Chunian Aqua Business Park will be inaugurated in the first week of January while Bahawalpur and Muzaffargarh Industrial Zone will be inaugurated in February and March respectively. He directed FIEDMC to take strict action against the defaulters and impose heavy fines on those who did not start construction within the stipulated time. Secretary Industry and Commerce Dr. Wasif Khurshid, Chairman PIEDMC Syed Nabil Hashmi, Head Special Monitoring Unit Fazil Asif, MD PSIC, CEO’s of PIEDMC and FIEDMC and relevant officers attended the meeting.

For more information, contact:
Head Office,
Punjab Industrial Estates Development and Management Company (PIEDMC)
Commercial Area (North), Sundar Industrial Estate, Raiwind Road, Lahore, Pakistan
Tel: +92-42-35297203-6
Fax: +92-42-35297207
Email: info@pie.com.pk
Website: http://pie.com.pk/