PIEDMC board approves uplift projects

LAHORE:Punjab Industrial Estates Development and Management Company (PIEDMC) Board on Tuesday approved the maintenance of various roads in Quaid-i-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.

The approval was given in the 168th meeting of the PIEDMC Board of Directors presided over by the PIEDMC Chairman Javed Iqbal. Secretary Industries and Commerce Umar Masud and Special Secretary Sahibzadi Waseema Umer participated in the meeting via video link.

The PIEDMC board 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-i-Azam Business Park and a contract for the supply of related equipment for electricity connections in the park. The board also 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 Rahimyar Khan, Bhalwal, and Vehari Industrial Estate. The board also approved the minutes of the 167th BoD meeting.

Speaking at the occasion, PIEDMC Chairman Javed Iqbal said that available resources are being fully utilised to provide the best facilities to the industrialists and to create ease of doing business for them. Board members Shahzad Azam Khan, Sajid Saleem Minhas, Dr Shahid Raza, Mian Noman Kabir, CEO PIEDMC Capt (retd) Shoaib Ali, COO Ali Muazzam Syed, along with relevant officers of the Finance, P&D, and Tevta also participated in the meeting.