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June 20, 2015

Chinese firm approved for Apparel Park

 
June 20, 2015

LAHORE: Punjab Industrial Estates Development and Management Company (PIEDMC) Chairman SM Tanveer has approved appointment of CNTEX, a Chinese firm, as foreign consultant for technical evaluation of Quaid-e-Azam Apparel Park.
He accorded this approval while presiding over a meeting of the Board of Directors of the Company on Friday.
“The approved foreign consultant has vast experience in developing Apparel parks,” he said. PIEDMC was determined to complete infrastructure development work on a war-footing to avail the GSP plus from EU. He credited Punjab Chief Minister Shahbaz Sharif as the driving force behind the Apparel Park on the motorway.
He said M/s CNTEX China would provide technical vetting, improvement in master planning, vetting of detailed design infrastructure works, and also design Combined Effluent Treatment Plant (CETP), captive power plant, and grid stations.
He said the park will generate 250,000 jobs after becoming fully operational and will have about 600 industrial plots with sizes ranging from half an acre to 25 acres for an industrial unit. An independent power plant will also be developed to fulfil the energy requirement.