BIE To Ensure South Punjab Development: Hashmi
Faizan Hashmi Published December 16, 2020 | 06:10 PM
LAHORE, (UrduPoint / Pakistan Point News - 16th Dec, 2020 ) :The Bahawalpur Industrial Estate (BIE) is the first project of its kind in South Punjab under the vision of Prime Minister Imran Khan to bring the less developed areas of the country at par with developed ones. The BIE will definitely usher in a new era of development in the region.
Punjab Industrial Estates Development and Management Company (PIEDMC) Chairman Syed Nabeel Hashmi told the media after meeting with a delegation of the Bahawalpur Chamber of Commerce & Industry (BCCI) headed by its President Tanveer Mahmood here Wednesday.
Hashmi added that the BIE would also help alleviate poverty and backwardness from this area.
He was of the view that continued efforts of Punjab Chief Minister Sardar Usman Buzdar had made it possible to establish this industrial estate in south Punjab. He said that this industrial estate would be developed on pattern of Sundar Industrial Estate Lahore, where all infrastructure, including electricity, roads, sewerage, and other developmental facilities had been provided, keeping in view the international construction standards.
Hashmi elaborated that Bahawalpur Industrial Estate was a lucrative project of the PIEDMC spanning over 483 acres of land. This Estate will be developed keeping in mind needs and preferences of the local region/area. Since, there is no planned industrial estate available in the surrounding areas, establishment of Bahawalpur Industrial estate will be a land mark project in order to uplift the overall industry of the region, generating employment for the local residents.
Main raw material production of Bahawalpur region was sunflower, cotton, mustard seed and sugarcane, he mentioned. Moreover, this region yields big quantity of wool, hence, Bahawalpur industrial estate will be a good option for industrialists from the textile sector, including weaving, spinning, processing and printing. Oil extraction and solvent extraction plants would also be profitable, he opined.
Related Topics
Recent Stories
ICC Womens T20 World Cup Qualifier, Match 2: Ireland Women open with Comfortable ..
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
IBCC to promote educational excellence, expand regional presence
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leav ..
More Stories From Business
-
Chinese minister felicitates Ahsan Iqbal on reappointment as Planning minister
8 hours ago -
Pak-US officials engage to enhance trade, investment ties
9 hours ago -
Stocks fall as tech shares sink, US economy slows
9 hours ago -
Higher taxes, awareness help decrease cigarettes sale in Pakistan
10 hours ago -
Ahsan Iqbal chairs CPEC JWGs, 13th JCC review-meeting
10 hours ago -
Industries Minister recommends urea fertilizer import to stabilize prices and supply
10 hours ago
-
Honda announces US$11 bn EV battery and vehicle plant in Canada
10 hours ago -
Zhao Shirin calls on Punjab Industries Minister
11 hours ago -
CEO APM Terminals calls on Finance Minister
11 hours ago -
SACM visits GTVC checks attendance register
11 hours ago -
CEO APM Terminals meets Commerce Minister
11 hours ago -
RTO destroys huge quantity of non-duty paid cigarettes
12 hours ago