ESTABLISHMENT OF PIE
In 2003, Government of Punjab announced its industrial policy. Punjab Industrial Estates & Development Company (PIE) was established in pursuance of this industrial vision.
PIE is a section 42 company, incorporated under Companies Ordinance 1984. The Company is owned by the Government of Punjab and is run by a Board of Directors (BOD) comprising of 16 directors. Majority of them are private sector industrialists and the rest are ex-officio members, demonstrating PIE as a successful example of Public-Private Partnership.
The Chairman/Chief Executive Officer are from the private sector and the day to day affairs are looked after by the CEO.