{"id":84968,"date":"2022-03-29T12:25:00","date_gmt":"2022-03-29T07:25:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=84968"},"modified":"2022-03-29T12:25:06","modified_gmt":"2022-03-29T07:25:06","slug":"piedmc-enterprise-sezs-investors","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/piedmc-enterprise-sezs-investors.html","title":{"rendered":"PIEDMC grant enterprise status to SEZ\u2019s investors"},"content":{"rendered":"\n<p>Lahore: The Punjab Industrial Estates Development and Management Company (PIEDMC) on Monday (March 28) granted special zone enterprise status to 16 companies, news sources reported. The designation was conferred to enterprises that purchased plots in four Special Economic Zones (SEZs) of the province. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/piedmc-funds-industrial-projects.html\" data-type=\"post\" data-id=\"79293\">PIEDMC to release funds for <\/a><a href=\"https:\/\/www.zameen.com\/news\/piedmc-funds-industrial-projects.html\" data-type=\"post\" data-id=\"79293\" target=\"_blank\" rel=\"noreferrer noopener\">industrial <\/a><a href=\"https:\/\/www.zameen.com\/news\/piedmc-funds-industrial-projects.html\" data-type=\"post\" data-id=\"79293\">development projects<\/a><\/p>\n\n\n\n<p>PIEDMC Chief Executive Officer (CEO) Ali Moazzam Syed approved the enterprise status during a board meeting. According to management, the change of status would result in an investment of PKR 27 billion and job prospects for locals. As per the details, nine enterprises from <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/quaid-e-azam-business-park-gets-its-one-window-center.html\" data-type=\"post\" data-id=\"76294\" target=\"_blank\">Quaid-e-Azam Business Park<\/a>, four from <a href=\"https:\/\/www.zameen.com\/news\/piedmc-funds-industrial-projects.html\" data-type=\"post\" data-id=\"79293\" target=\"_blank\" rel=\"noreferrer noopener\">Rahim Yar Khan Industrial Zone<\/a>, three from <a href=\"https:\/\/www.zameen.com\/news\/vehari-industrial-zone-ten-yrs-exemption.html\" data-type=\"post\" data-id=\"84838\">Vehari Industrial Zone<\/a>, and three from<a href=\"https:\/\/www.zameen.com\/news\/pie-launches-industrial-plots-in-bhalwal-industrial-estate.html\" data-type=\"post\" data-id=\"52989\" target=\"_blank\" rel=\"noreferrer noopener\"> Bhalwal Industrial Estate<\/a> have received enterprise status.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/south-punjab-feature-pakistans-largest-sez.html\" data-type=\"post\" data-id=\"68561\" target=\"_blank\" rel=\"noreferrer noopener\">South Punjab to feature Pakistan\u2019s largest SEZ<\/a><\/p>\n\n\n\n<p>PIEDMC had recently requested <a href=\"https:\/\/www.zameen.com\/news\/expression-of-interest-invited-for-tourism-resort-at-takht-bahi-archaeological-remains.html\" data-type=\"post\" data-id=\"13042\" target=\"_blank\" rel=\"noreferrer noopener\">Expressions of Interest (EoI)<\/a> from industrialists in several SEZs across the province, offering tax benefits on investment and a one-time machinery import tax rebate. The Punjab Industrial Estate Development and Management Corporation (PIEDMC) presently manages eight SEZs. All SEZs have been developed under the China Pakistan Economic Corridor (CPEC) to boost industrialisation and develop export-oriented industries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Punjab Industrial Estates Development and Management Company (PIEDMC) on Monday (March 28) granted special zone enterprise status to 16 companies, news sources reported. The designation was conferred to enterprises that purchased plots in four Special Economic Zones (SEZs) of the province. Read: PIEDMC to release funds for industrial development projects PIEDMC Chief Executive Officer (CEO) Ali Moazzam Syed approved the enterprise status during a board meeting. According to management, the change of status would result in an investment of PKR 27 billion and job prospects for locals. As per the details, nine enterprises from Quaid-e-Azam Business Park, four from Rahim Yar Khan Industrial Zone, three from Vehari Industrial Zone, and three from Bhalwal Industrial Estate have received enterprise status. Read: South Punjab to feature Pakistan\u2019s largest SEZ PIEDMC had recently requested Expressions of Interest (EoI) from industrialists in several SEZs across the province, offering tax benefits on investment and a one-time machinery import tax rebate. The Punjab Industrial Estate Development and Management Corporation (PIEDMC) presently manages eight SEZs. All SEZs have been developed under the China Pakistan Economic Corridor (CPEC) to boost industrialisation and develop export-oriented industries.<\/p>\n","protected":false},"author":84,"featured_media":61434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[51739,51738,47893],"persona":[],"class_list":{"0":"post-84968","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-enterprise-status","9":"tag-piedmc-grant-enterprise-status-to-sezs-investors","10":"tag-piedmc-to-release-funds-for-industrial-development-projects","11":"cat-15013-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 grant enterprise status to SEZ\u2019s investors - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Punjab Industrial Estates Development and Management Company (PIEDMC) on Monday (March 28) granted special zone enterprise status to 16\" \/>\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-enterprise-sezs-investors.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PIEDMC grant enterprise status to SEZ\u2019s investors - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Punjab Industrial Estates Development and Management Company (PIEDMC) on Monday (March 28) granted special zone enterprise status to 16\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/piedmc-enterprise-sezs-investors.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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