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Quaid-e-Azam Business Park Sheikhupura

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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. 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


Location

This business park is spread over 1536 acres of land located on the M2 Lahore-Islamabad Motorway near Sheikhupura.

Preferred industries

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.

Development status

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.

Economic zone status

This business park has been declared a special economic zone by the Pakistani government.

Project Launch

Quaid-e-Azam Business Park Sheikhupura has been officially launched on 18th July 2020. Its groundbreaking was done by Prime Minister Imran Khan.

References

  1. "PIEDMC - Punjab Industrial Estate Development and Management Company".
  2. "Quaid-e-Azam Business Park to go a long way in boosting industrialization: CM".
  3. "Did You Catch the Official Launch of Quaid-e-Azam Business Park, Sheikhupura?".
  4. "Over 300 firms want to set up industrial units in QABP". 13 March 2020.
  5. "Quaid-e- Azam Apparel Park to be converted to multi facet Business Park". 8 November 2019.
  6. "Lack of long-term policies by previous govts holding Pakistan back: PM Imran". 18 July 2020.
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