LAHORE: Punjab Industrial Estates Development and Management Company (PIEDMC) Chairman Rizwan Khalid Butt has announced that development work on the Vehari Industrial Estate will be completed this month, which will be followed by full-scale sale of industrial plots.
In a statement, Butt said electrical work was going on and 201 industrial plots were ready for sale. “A number of Pakistani investors have already purchased plots; they are ready to construct factories in the near future,” he said.
For the time being, pharmaceutical and food processing manufacturers have shown interest in the estate.
“Availability of top-quality underground water has made the Vehari Industrial Estate lucrative for potential investors from within and outside the country,” he remarked.
“Natural gas is available in Vehari city that makes it a state-of-the-art industrial facility in the region.”
Butt assured prospective industrialists that PIEDMC would assist them in establishing manufacturing units of textile, cotton ginning, food processing, handicrafts, shoe-making, artificial jewellery and agro-based products at the site.
According to PIEDMC, the industrial estate is just six kilometres away from the main city. Its location is strategically beneficial for the industrial units due to availability of skilled labour in and around the city.
It is situated on the main Khanewal Road that makes it accessible because of ample availability of transport facilities.
Published in The Express Tribune, June 8th, 2017.