{"id":79293,"date":"2021-09-02T10:11:50","date_gmt":"2021-09-02T05:11:50","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=79293"},"modified":"2021-09-02T10:11:55","modified_gmt":"2021-09-02T05:11:55","slug":"piedmc-funds-industrial-projects","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/piedmc-funds-industrial-projects.html","title":{"rendered":"PIEDMC to release funds for industrial development projects"},"content":{"rendered":"\n<p>Lahore: Punjab Industrial Estates Development and Management Company (PIEDMC) on Monday (August 30) announced to release PKR 3 billion for six industrial estate development projects in the province, according to media reports.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/punjab-govt-approves-multipurpose-business-center-for-quaid-e-azam-business-park.html\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab govt approves multipurpose business center for Quaid-e-Azam Business Park<\/a><\/p>\n\n\n\n<p>The approval was given by PIEDMC Chairman Syed Nabil Hashmi in the 151st Board of Directors meeting. The meeting was attended by Board Directors Arif Qasim, Shahid Hussain Tarar, Syed Tariq Siraj Jafri, M Anees Khawaja, Usman Aslam Malik, Dr Sameera Rehman, Ahsan Mehmood Butt, CEO Punjab Board of Investment and Trade (PBIT) Dr Arfa Iqbal, Chief Executive Officer (CEO) Ali Moazzam Syed, and other concerned officers of industries, labour, and finance departments.<\/p>\n\n\n\n<p>The details of the industrial estate development projects are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>PKR 1.015 billion reserved for development works of Bahawalpur Industrial Zone<\/li><li>PKR 250 million was kept aside for the establishment of 133 KV grid stations in the Bhalwal Industrial Zone&nbsp;<\/li><li>PKR 450 million for development of state-of-the-art auto technology park at Quaid-e-Azam Business Park&nbsp;<\/li><li>PKR 1 billion set aside for civil works of Quaid-e-Azam Business Park&nbsp;<\/li><li>PKR 50 million approved for a feasibility study of Sialkot Industrial Zone&nbsp;<\/li><li>PKR 100 million approved for bioequivalence facility in Pakistan Drugs Testing and Research Center&nbsp;<\/li><\/ul>\n\n\n\n<p>In the meeting, provision of security services in industrial zones, the launch of training and internship programmes for university students, and exemption of 5% service charges on the return of plots in Vehari, Bhalwal, and Rahim Yar Khan (RYK) Industrial Zones were also approved. Besides this, the proceedings of the 150th meeting were also approved.<\/p>\n\n\n\n<p><strong>Read:<\/strong><a href=\"https:\/\/www.zameen.com\/news\/piedmc-construct-grid-stations-vehari-bhalwal-sezs.html\"> <\/a><a href=\"https:\/\/www.zameen.com\/news\/piedmc-construct-grid-stations-vehari-bhalwal-sezs.html\" target=\"_blank\" rel=\"noreferrer noopener\">PIEDMC to construct grid stations in Vehari, Bhalwal SEZs<\/a><\/p>\n\n\n\n<p>While addressing the attendees, the PIEDMC chairman disclosed that the PIEDMC was facilitating businesses through one <a href=\"https:\/\/www.zameen.com\/news\/quaid-e-azam-business-park-gets-its-one-window-center.html\" target=\"_blank\" rel=\"noreferrer noopener\">window operations<\/a> in the industrial zones. Reportedly, the PBIT has directed the PIEDMC to complete the development work at special economic zones including Bahawalpur, Rahim Yar Khan, Vehari, and Quaid-e-Azam Business Park.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Punjab Industrial Estates Development and Management Company (PIEDMC) on Monday (August 30) announced to release PKR 3 billion for six industrial estate development projects in the province, according to media reports. Read: Punjab govt approves multipurpose business center for Quaid-e-Azam Business Park The approval was given by PIEDMC Chairman Syed Nabil Hashmi in the 151st Board of Directors meeting. The meeting was attended by Board Directors Arif Qasim, Shahid Hussain Tarar, Syed Tariq Siraj Jafri, M Anees Khawaja, Usman Aslam Malik, Dr Sameera Rehman, Ahsan Mehmood Butt, CEO Punjab Board of Investment and Trade (PBIT) Dr Arfa Iqbal, Chief Executive Officer (CEO) Ali Moazzam Syed, and other concerned officers of industries, labour, and finance departments. The details of the industrial estate development projects are as follows: PKR 1.015 billion reserved for development works of Bahawalpur Industrial Zone PKR 250 million was kept aside for the establishment of 133 KV grid stations in the Bhalwal Industrial Zone&nbsp; PKR 450 million for development of state-of-the-art auto technology park at Quaid-e-Azam Business Park&nbsp; PKR 1 billion set aside for civil works of Quaid-e-Azam Business Park&nbsp; PKR 50 million approved for a feasibility study of Sialkot Industrial Zone&nbsp; PKR 100 million approved for&hellip;<\/p>\n","protected":false},"author":83,"featured_media":61434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[47893,21894,20616,47901,10272],"persona":[],"class_list":{"0":"post-79293","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-piedmc-to-release-funds-for-industrial-development-projects","9":"tag-punjab-industrial-estates-development-and-management-company-piedmc","10":"tag-quaid-e-azam-business-park","11":"tag-sialkot-industrial-zone","12":"tag-special-economic-zones","13":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PIEDMC to release funds for industrial uplift projects- Zameen News<\/title>\n<meta name=\"description\" content=\"Punjab Industrial Estates Development and Management Company (PIEDMC) on Monday (August 30) announced to release PKR 3 billion for six industrial....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/piedmc-funds-industrial-projects.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PIEDMC to release funds for industrial uplift projects- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Punjab Industrial Estates Development and Management Company (PIEDMC) on Monday (August 30) announced to release PKR 3 billion for six industrial....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/piedmc-funds-industrial-projects.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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