Home / Knowledge / News / Apparel/Garments / Pak's Quaid-e-Azam apparel park gets SEZ status
Pak's Quaid-e-Azam apparel park gets SEZ status
13
Jun '16
Pakistan's Board of Investment (BoI) has declared the Quaid-e-Azam Apparel Park in Punjab province as a Special Economic Zone (SEZ)

The apparel park is a state of the art project of the Punjab Industrial Estates Development and Management Company (PIEDMC) which is being constructed on 1,536 acres of land on Sheikhupura Motorway Road. The construction work is underway at a fast pace.

According to a statement, PIEDMC Chairman Malik Tahir Javed has hailed the federal government's decision of declaring its project as a SEZ, saying the Quaid-e-Azam Apparel Park would prove to be a milestone in the development of textile and garments sector.

He vowed completing the construction work, and selling of the plots at a very fast pace. He said the government has also approved an interchange on the motorway, before Sheikhupura, some 20 minutes from Lahore, to facilitate the industries in the park.

Javed said the Quaid-e-Azam Apparel Park would provide a tax holiday to zone developers for 10 years and five years for zone investors after getting the status of the SEZ. He said the PIEDMC was also trying to get the same status for its other industrial estates, as it would lead to ushering a new era of economic prosperity in the country. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 25th Feb 2020

US surpasses China as India's biggest trading partner

The United States has surpassed China to become India's top trading...

Pic: Shutterstock

Textiles | On 25th Feb 2020

Coronavirus may shift buyers to Turkey, fuel cotton growth

The coronavirus outbreak will cause a possible shrinking of China's...

Pic: Shutterstock

Apparel/Garments | On 25th Feb 2020

Tough for Vietnamese firms to follow EVFTA rules of origin

Though Vietnamese textile and garment firms are aware of the...

Interviews View All

Footwear industry, Head honchos

Footwear industry
Head honchos

There is rising demand for fancy, trendy and yet comfortable footwear

Priyanka, Studio Priyanka Rajiv

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Sanjay Desai & Ashish Mulani, True Colors

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Vikram Saria,

Vikram Saria

Shanghai-based Aura Designs Ltd is a leading manufacturer of textile and...

Kalai Selvi,

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Harmeet Singh,

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Davide Vigano, Sensoria

Davide Vigano
Sensoria

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


February 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search