In 1960’s approval was obtained by the Provincial Government to establish an Industrial Estate in the south of Punjab and 1410 acres of land was acquired for this purpose. However due to lack of funds, Government of Punjab decided to develop it into two phases.
In 2004, the Government of Punjab (GoP) formally handed over MIE to Punjab Industrial Estates in order to revive industrial activity.
An amount of Rs. 100 million was allocated by the GoP for up gradation of the infrastructure and the same amount was contributed by PIEDMC.
EXPANSION/DEVELOPMENT OF PHASE-II
Encouraged by the response of up-gradation work in Phase-I, PIEDMC was assigned task of development of infrastructure work for Phase-II in September 2006. It is located adjacent to Phase-I, at a distance of approximately 17km south west of Multan city.
Phase-II is spread over an area of 667 acres out of which 426 acres have been allocated for industrial plots creating 349 plots. The remaining area has been dedicated for amenities & infrastructure development.
Industrial Plots 426 Acres
Amenities/Infrastructure 241 Acres
Total Area 667 Acres
100ft road Rs. 7.5 million per acre
120 ft road Rs. 8 million per acre
Conner 10% Extra
Note: 30% down payment is kept uncharged. Remaining payment of land will be pain in one year time in three installments.
MIE is located at a distance of about 15km south west of Multan city. (Location map attached)
Today, MIE is completely colonized with an operational infrastructure.
Multan Industrial Estate is led by a Board of Management belonging to private sector representing various industrial segments of the estate and the rest representing the Government.
Types of Industries
The major industries include:
- Chemical & Pesticide
- Textile & Garment
- Flour Mills
- Animal Feed
- Paper & Board
- Warehousing/ Cold Storage
Multan Industrial Estate Master Plan (Click here to enlarge the Plan)