LAHORE - Punjab industrial Estates Development and Management Company will develop a Garment City in order to revitalize the garment industry in Punjab.
This was announced by the Chairman PIEDMC S.M. Tanveer at a meeting with the industrialists belonging to garment sector here. Giving details about the proposed industrial estates he said, this Industrial Estate would be established at about 400 to 500 acres of land in close proximity of Lahore.
This proposed industrial Estate would provide modern infrastructure. He said that arrangements are being finalized to give status of special Economic Zone to this garment city with assistance of Federal Government.
PIEDMC has built state of the art Sundar Industrial Estate and in process of constructing five other industrial estates in the province already and with the establishment of an industrial estate for garment sector it will make garment sector more competitive for accelerating manufacturing. This will help in serving foreign exchange for the country.