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NEW INDUSTRIAL ESTATE OPENS IN BHALWAL

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April 17, 2012
RECORDER REPORT

Punjab Industrial Estate (PIE) Chairman S M Tanveer has said that the industrial estate in Bhalwal will increase about eight to 10 billion rupees annually in the overall gross national product (GNP) and create over 50,000 jobs directly and 2.5 million indirectly with the completion of this project.

He was addressing an opening ceremony of the Bhalwal Industrial Estate in Bhalwal, says a press release issued here.
S M Tanveer informed the participants that the Punjab Industrial Estate, through its own resources, has started work on two modern industrial estates in Southern Punjab and one in Central Punjab.

In Southern Punjab, one industrial estate is being developed in Rahimyar Khan and the other in Multan as Phase-II, while Central Punjab will have the state-of-the-art (industrial) estate in Bhalwal.
"All these three industrial estates are being developed in line with the vision of Shahbaz Sharif," he said, adding that the Punjab Industrial Estate has made the concept of public private partnership successful as it was completing projects without financial support from the government institutions.The PIE chairman told the participants that 350 industrial plots would be established, as the Bhalwal Industrial Estate will consist of 500 acres.
After its creation the Punjab Industrial Estate has established only one industrial estate, while work on three industrial estates has been started under the dynamic leadership of Chief Minister Mian Shehbaz Sharif, he said.
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EXIT POLICY 2012 SIE PLOT OWNERS GIVEN ONE MORE YEAR

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altOur Staff Reporter | Metropolitan > Lahore | From the Newspaper
1st April, 2012
LAHORE, March 31: The Punjab Industrial Estates Development and Management Company (PIEDMC) has given one more year to plot owners in the Sundar Industrial Estate (SIE) to either set up industry or sell the land.
The decision was taken in a meeting of the PIEDMC board of directors who have approved Exit Policy 2012 for plot holders who have shown no interest so far in setting up the industry at the SIE.


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PIEDMC CHAIRMAN S M TANVIR GIVES AN INTERVIEW

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PIEDMC SUPPLEMENT

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CM INAUGURATES RAHIM YAR KHAN INDUSTRIAL ESTATE

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LAHORE - Chief Minister Punjab Mian Shahbaz Sharif inaugurated Rahim Yar Khan Industrial Estate, on Wednesday. This 500 Acres industrial estate is located on N-5 High way mid of Bhahdurpur chowk, Sadiqabad. The area is at the junction of 3 provinces most suited for industrial growth.
The Chairman Punjab Industrial Estates Development and Management Company SM Tanveer said on this occasion that Rahim Yar Khan Industrial Estate would provide 60000 jobs and help eradicating poverty not only from this area but from South Punjab.

Being a project of Punjab Industrial Estates Development and Management Company, the estate is promised to be of International standards. This company already has state of the art Sundar Industrial Estate to its credit.
Mr. SM Tanveer while talking to local members of Chamber of Commerce re-itrated that the Government led by Chief Minister of Punjab Mian Shahbaz Sharif desire to develop South Punjab and bring it at par with other parts of province. Locals of area have highly appreciated this project as it would lead to growth and job creation.


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RYK SUPPLEMENT

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MULTAN INDUSTRIAL ESTATE PHASE II

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INTERNATIONAL STANDARD DRUG TESTING LAB ON THE VERGE OF COMPLETION

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First international standard drug testing laboratory will be made functional in Sundar Industrial Estate during this year as its initial work and building is completed up to 70 per cent. Out of total cost of Rs100 million, government of Punjab has provided Rs50 million to set up this laboratory. This laboratory is being setup at by Punjab Industrial Estates (PIEDMC). This was stated by Chairman Punjab Industrial altEstates Development and Management Company (PIEDMC) SM Tanveer in a statement. He said the building of this laboratory will be completed in next twenty weeks as its equipment is reaching Pakistan in April 2012.


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WORK ON MULTAN INDUSTRIAL ESTATE BEGINS

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Punjab Industrial Estates has started infrastructure development work on Multan Industrial Estate, Phase II spread over 667 acres.PIE Development and Management Company Chairman, S.M. Tanveer said that the estate would have 349 industrial plots which would be allocated to different categories of industries.It is worthwhile to be mentioned that the project's first phase has already been completed where 237 industrial plots are constructed at 743 acres land.He said infrastructure development work was stopped for the last two years due to disputes with contractors and continued delay and litigation was causing 25 percent yearly escalation and hardship to the alottees.


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PREM NAGAR DRY PORT TO FACILITATE INDUSTRY

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LAHORE – Punjab Industrial Estates (PIE) Chairman SM Tanveer has appreciated decision to establish a new dry port, on the basis of public-private partnership, at Prem Nagar near Raiwind.
In a statement on Thursday, he said that the dry port will be beneficial not only for the Sundar Industrial Estate but also for industries around the area. With the investment of Rs 6.1 billion rupees, the port is expected to generate revenues of up to one billion rupees per year. “I am expecting more jobs at new dry port as well,” he said.
Tanveer said that the dry port will support export-oriented industries around the Prem Nagar area. A complete infrastructure including terminal service and custom clearance will support transportation of products in and outside the country, he pointed out. “I am sure prices of products will be decreased after establishment of dry port,” he said.

SUNDAR INDUSTRIAL ESTATE TO GENERATE OWN ELECTRICITY

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LAHORE: The Sundar Industrial Estate would be the first industrial estate of the country to operate on its own power generation plant, S M Tanveer, Chairman, Punjab Industrial Estate Development and Management Company (PIEDMC) said talking to The News.
The power plant would start generation from October 31, 2012, Tanveer added.
The 50 KW coal-based power plant of the Sundar Industrial Estate would produce electricity at lower than the state run Pakistan Electric Power Company rates, he said.
He said the industries in the Sundar Industrial Estate were hostage to erratic power supply from the national grid and PIEDMC that runs this estate has been working on various cost effective solutions to this problem.
A team of experts of PIEDMC studied all options and concluded that a coal-fired power plant would produce cheaper electricity and could be established in nine months. Tanveer said after recommendations from few of most respected power experts the PIEDMC invited proposals from various local and international companies.
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INITIAL WORK ON 50MW COAL POWER PLANT COMPLETE

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By Our Staff Reporter | From the Newspaper
LAHORE, Sept 22:


The Punjab Industrial Estate (PIE) has completed an initial work to install first-ever 50MW coal power generation plant at the Sundar Industrial Estate (SIE) in Lahore while the process to get the license from Nepra is underway.

“The PIE’s board of directors has established a power committee which will look after coal and other power-related projects of industrial estates in Punjab,” PIE chairman S.M Tanveer said in a briefing to the Lahore Economic Journalist Association (LEJA) here on Thursday. PIE chief executive officer Maj-Gen Javed Iqbal (retired) was also present.
Mr Tanveer said the extension work of 132KVA grid station of PIE was also underway to add an additional 34MW to ensure uninterrupted power supply to SIE industries.

The PIE management started industrial estate development work in Bhalwal and Rahim Yar Khan with its own resources, he said, adding that the planning and development of 10 other industrial estates in the province was also underway.
These industrial estates would be established in Kasur Tannery Park, Gujrat, Vehari, Bahawalpur, D.G Khan, Wazirabad Cutlery Cluster, Jhang, Okara, Sahiwal and Rawalpindi, he said.
Mr Tanveer said the PIE was working under the vision of the Punjab chief minister to make Punjab an industrial hub in the country with all modern facilities.
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