The Punjab government has given its approval for the establishment of a multi-purpose business centre at the Quaid-e-Azam Business Park, which will be managed by the Punjab Industrial Estates Development and Management Company (PIEDMC).
PIEDMC Chairman Syed Nabil Hashmi told a delegation of industrialists that the centre will occupy 300,000 square feet and that a groundbreaking ceremony will be held soon.
The multi-storey and multi-purpose business centre would include corporate offices, meeting rooms, expo centres, multi-purpose halls, showrooms, hotels, a one-window centre, and factory outlets, he added.
“In view of the growing need for technology for business growth,” he told the businessman, “special incentives will be offered to IT-related individuals and firms in the business centre.”
Hashmi also mentioned that the Quaid-e-Azam Business Park, which spans 1,536 acres in Sheikhupura on the Lahore-Islamabad Motorway, has already created 675 industrial plots ranging in size from 0.5 acre to four acres.