PIEDMC is a section 42 company, incorporated under Companies Ordinance of 1984. It is an autonomous, not for profit entity owned by the Government of Punjab and is run by a Board of Directors (BOD) comprising of private sector industrialists and ex-officio members. PIEDMC is thus a successful example of a Public-Private Partnership.
The estates like Sundar Industrial Estate, Multan Industrial Estate & QIE serve as successful and completed projects. Four of the PIEDMC’S industrial Estates have already been declared as SEZs namely Quaide-Azam Business Park, Rahim Yar Khan Industrial Estate, Bhalwal Industrial Estate, Vehari Industrial Estate. Soon to be launched Bahawalpur Industrial Estate in the process of SEZ declaration.
Quaid-e-Azam Business Park
The official groundbreaking ceremony of Quaid e Azam Business Park was conducted by the Prime Minister of Pakistan Mr. Imran Khan this year on 18th July 2020. QABP is a first of its kind entity that has been designed and formed to facilitate the aspiring and established industrialists and entrepreneurs. This facility that spans over 1536 acres will provide young talented industrial aspirants with facilities, land, uninterrupted power supply, tax holidays, export incentives, import duty waivers that can help elevate the economy of the province and ultimately our country.
The business park is ideally located near the Lahore – Islamabad Motorway (M-2) is only 15 – 20 minutes away from Lahore Toll Plaza with a dedicated interchange improving its access manifold. In line with PM’s vision & under the leadership & support of Govt of Punjab & Chairman PIEDMC, QABP promises to be the torchbearer of innovation and elevate our industrial status by creating 500,000 job opportunities.
Bhalwal Industrial Estate
Bhalwal Industrial Estate is our SEZ declare estate and ideally located just 19 km from M-2 Motorway between Salam & Bhera Interchange. Bhalwal Industrial Estate spans over 427 acres and is located in the best citrus-producing area of the world in District Sargodha. It is 7km from the Railway station and 4km from 132KVA Grid Station. A Chinese company Oreal Ceramics has been allotted 37 acres of land for setting up a ceramic manufacturing unit with an investment of US $70 million at the Bhalwal Industrial Estate.
Rahim Yar Khan Industrial Estate
Another SEZ declared, Rahim Yar Khan Industrial Estate is an ongoing project of PIEDMC aiming to bring the district of Rahim Yar Khan into the mainstream of economic growth. RIE is rich in wheat, cotton, and sugarcane, mangoes, citrus, dates and has abundant livestock resources. Estate is developed over 456 acres of land providing state of the art industrial infrastructure to industrialists from all over Pakistan. The estate is ideally located at N-5 Sadiq Abad Road and 12km from Rahim Yar Khan city.
Vehari Industrial Estate
Vehari Industrial Estate is a 277 acres industrial park developed close to Vehari city has also been declared as SEZ. The location is strategically beneficial for the industry as all kinds of skills are easily available. Cheap unskilled labour is also extensively available from Burewala and other adjoining areas.
Bahawalpur Industrial Estate is a lucrative project of PIEDMC spanning over 485 acres. It will be developed keeping in mind the needs and preferences of the local region/ area
The airport is located 106 km, Railway Station is located 10 km and the Port is located 126 km from the site. VIE aims to cater to the industry like, Textile Units, Ginning, Food Processing, Handicrafts, Shoe Industry, Artificial Jewelry, Agro-based Industry, Warehouses, Dairy Industry. This industrial estate would prove a game-changer for the development and growth of district Vehari.
Bahawalpur Industrial Estate: Launching Soon
To bring South Punjab in the limelight, Government of the Punjab has planned to launch Bahawalpur Industrial Estate very soon. Bahawalpur Industrial Estate is a lucrative project of PIEDMC spanning over 485 acres. It will be developed keeping in mind the needs and preferences of the local region/ area.
Since, there is no planned industrial estate available in the surrounding areas, the establishment of Bahawalpur Industrial estate will be a landmark project in order to uplift the overall industry of the region, generating employment for the local residents.