Quaid-e-Azam Business Park Sheikhupura
Quaid-e-Azam Business Park Sheikhupura (Urdu: قائد اعظم بزنس پارک شیخُوپُورہ ) is a Pakistani industrial park spread over 1536 acres of land located on the M2 Lahore-Islamabad Motorway near Sheikhupura. It has been designated as a special economic zone by the Pakistani government.[1]
The park is operated by the Punjab Industrial Estate Development and Management Company (PIEDMC).[2]
History
editThe business park had initially been named the Quaid-e-azam Apparel Park; the name was changed in November 2019.[3]
In 2020, the Chief Minister of the Punjab, Sardar Usman Ahmad Khan Buzdar said that the Quaid-e-Azam Business Park in Sheikhupura will go a long way in boosting industrialization in Pakistan and it would create approximately half million jobs while a labour colony will also be built in the Quaid-e-Azam business park at the land of 200 acres[4]
The ex Prime Minister of Pakistan Imran Khan was scheduled to inaugurate the business park in March 2020, but this was delayed due to the COVID-19 pandemic. Punjab Industrial Estates Development and Management Company (PIEDMC) claimed that more than 300 national and multinational companies had shown interest in establishing industrial units in the business park.[5] Quaid-e-Azam Business Park Sheikhupura was officially launched on 18th July 2020.[6]
In 2024, a delegation of industrialists met with the provincial Minister, Chaudhry Shafay Hussain. They were keen to set up a factory at the Quaid-e-Azam Business Park.[7]
Preferred industries
editTwelve industries are nominated as preferred industries for this industrial area: manufacturing services, auto parts, pharmaceuticals, chemicals, light engineering, plastics, information technology, electronics, food and beverages, logistics, mobile manufacturing and warehousing.[8]
References
edit- ^ "Quaid-e- Azam Apparel Park to be converted to multi facet Business Park". 8 November 2019.
- ^ "PIEDMC board approves uplift projects". The News (International). February 12, 2025.
- ^ "PIEDMC - Punjab Industrial Estate Development and Management Company".
- ^ "Quaid-e-Azam Business Park to go a long way in boosting industrialization: CM". Dunya News. July 18, 2020.
- ^ "Over 300 firms want to set up industrial units in QABP". 13 March 2020.
- ^ "Lack of long-term policies by previous govts holding Pakistan back: PM Imran". 18 July 2020.
- ^ "Industrialists keen to set up factory at Quaid Business Park". The News (International). March 21, 2023.
- ^ "Did You Catch the Official Launch of Quaid-e-Azam Business Park, Sheikhupura?".