Quaid-e-Azam Business Park Sheikhupura (Urdu: قائد اعظم بزنس پارک شیخُوپُورہ ) is an industrial area being developed by the Punjab government. Previously it was named Quaid-e-azam Apparel Park; the name was changed in November 2019.[1] 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[2]
Location edit
This business park is spread over 1536 acres of land located on the M2 Lahore-Islamabad Motorway near Sheikhupura.
Preferred industries edit
Twelve 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.[3]
Development status edit
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) claims that more than 300 national and multinational companies have shown interest in establishing industrial units in the business park.[4]
Economic zone status edit
This business park has been declared a special economic zone by the Pakistani government.[5]
Project Launch edit
Quaid-e-Azam Business Park Sheikhupura has been officially launched on 18th July 2020. Its groundbreaking was done by Prime Minister Imran Khan.[6]
References edit
- ^ "PIEDMC - Punjab Industrial Estate Development and Management Company".
- ^ "Quaid-e-Azam Business Park to go a long way in boosting industrialization: CM".
- ^ "Did You Catch the Official Launch of Quaid-e-Azam Business Park, Sheikhupura?".
- ^ "Over 300 firms want to set up industrial units in QABP". 13 March 2020.
- ^ "Quaid-e- Azam Apparel Park to be converted to multi facet Business Park". 8 November 2019.
- ^ "Lack of long-term policies by previous govts holding Pakistan back: PM Imran". 18 July 2020.