KPEC and KPEZDMC Delegation Visits PIEDMC to Explore Best Practices in Industrial Estate Development

A high-level delegation comprising senior officials from the Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) and the World Bank-funded Khyber Pass Economic Corridor (KPEC) Project visited the Punjab Industrial Estates Development and Management Company (PIEDMC) to gain insights into best practices in industrial estate planning, development and management.

The delegation was led by Mr. Shehryar Gul, CEO KPEZDMC, and was warmly received by Mr. Shahzad Azam Khan, Chairman PIEDMC, and Capt. (R) Shoaib Ali, CEO PIEDMC.

During the visit, Mr. Ali Muazzam Syed, COO PIEDMC, delivered a comprehensive briefing on the organization's mandate, institutional structure, planning and development of industrial estates, ongoing infrastructure development initiatives, provision of essential utilities and investor facilitation mechanisms.

The delegation appreciated PIEDMC's initiatives and achievements in developing industrial estates, providing essential infrastructure and utilities, and promoting industrial activities. The participants expressed keen interest in learning from PIEDMC's institutional experience, technical expertise and best practices to support and strengthen industrial development in Khyber Pakhtunkhwa.

Chairman PIEDMC, Mr. Shahzad Azam Khan, reaffirmed the organization's commitment to extending all possible support in promoting inter-provincial collaboration, facilitating investment and strengthening the effective planning and management of industrial estates.

As part of the visit, the delegation also toured Sundar Industrial Estate, where they reviewed key infrastructure and utility services, including electricity, gas, water supply, sewerage systems, road networks and other essential facilities supporting industrial operations.

The visit provided a valuable platform for institutional knowledge exchange and experience sharing between the two provincial industrial development organizations. Such collaborative engagements are expected to contribute towards strengthening industrial infrastructure, improving investment facilitation and promoting sustainable industrial growth in Khyber Pakhtunkhwa under the Khyber Pass Economic Corridor (KPEC) Project.

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