PIEDMC approves key projects for industrial estates

(Web Desk): Punjab Industrial Estates Development and Management Company (PIEDMC) Chairman Javed Iqbal presided over the 168th meeting of the Board of Directors. The board approved the maintenance of various roads in Quaid-e-Azam Industrial Estate Kot Lakhpat at a cost of Rs40 million and the laying of a new pipeline for drainage of sewerage water in Multan Industrial Estate at a cost of Rs240 million.

Secretary Industries and Commerce Umar Masud and Special Secretary Sahibzadi Waseema Umer participated in the meeting via video link.

The Board of Punjab Industrial Estates Development and Management Company approved the construction of a drainage system for rainwater disposal in Bhalwal Industrial Estate at a cost of Rs60 Million, approved the design of the entrance gates of Quaid-e-Azam Business Park and a contract for the supply of related equipment for electricity connections in the park. The board approved the revised Solar Energy and Net Metering Policy for Sunder Industrial Estate and permitted to increase the height of the building up to 120 meters in Rahim Yar Khan, Bhalwal, and Vehari Industrial Estate. The Board also approved the minutes of the 167th BOD meeting.

While speaking at the occasion, PIEDMC Chairman Javed Iqbal said that available resources are being fully utilized to provide the best facilities to the industrialists and to create ease of doing business for them. Special attention is being given to the colonization of the industrial zones so that an effective role could be played in the industrial and economic development of the province, he added.

Board Members Shahzad Azam Khan, Sajid Saleem Minhas, Dr. Shahid Raza, Mian Noman Kabir, CEO PIEDMC Captain (retired) Shoaib Ali, COO Ali Muazzam Syed, along with relevant officers of the Finance, P&D, and TEVTA also participated in the meeting.