CM inaugurates Rahim Yar Khan Industrial Estate

Chief Minister Punjab Mian Shahbaz Sharif inaugurated Rahim Yar Khan Industrial Estate, on Wednesday. This 500 Acres industrial estate is located on N-5 High way mid of Bhahdurpur chowk, Sadiqabad. The area is at the junction of 3 provinces most suited for industrial growth.
The Chairman Punjab Industrial Estates Development and Management Company SM Tanveer said on this occasion that Rahim Yar Khan Industrial Estate would provide 60000 jobs and help eradicating poverty not only from this area but from South Punjab.
Being a project of Punjab Industrial Estates Development and Management Company, the estate is promised to be of International standards. This company already has state of the art Sundar Industrial Estate to its credit.
Mr. SM Tanveer while talking to local members of Chamber of Commerce re-itrated that the Government led by Chief Minister of Punjab Mian Shahbaz Sharif desire to develop South Punjab and bring it at par with other parts of province. Locals of area have highly appreciated this project as it would lead to growth and job creation.
The PIE Chairman Said that planning and development of nine others industrial estates in the province was also underway. He said these industrial estates would be established in Kasur Tannery Park, Gujrat, Vehari, Bahawalpur, D G Khan, Wazirabad Cutlery Cluster, Jhang, Okara, Sahiwal and Rawalpindi. He said the PIE was working under the vision of Punjab Chief Minister Muhammad Shahbaz Shairf to make the Punjab an industrial hub in the country with all modern facilities. He said 100 acre each Halal Park would also be established in Rahim Yar Khan and Multan Industrial Estates to promote the Halal Product of Pakistan and get its share from world Halal Food market.
He said PIEDMC made the Public Private Partnership concept successful and completing its project without support of any government institution. He said the Punjab government had given Rs one billion only at time of PIEDMC established and now it is Rs 15 billion worth Company with all positive repute.
He said for Rahim Yar Khan Industrial Estate PIE is providing Rs 240 million while Master Plan of Bahlwal Industrial Estate was completed and litigations in Multan Industrial Estate was finished so that work on Phase-II of this estate was started.