Punjab Industries Department establishing industrial estate of international standard

[Lahore_Real_Estate]

LAHORE: The Punjab Industries Department with the collaboration of private sector is establishing industrial estates of international standard in various cities of the province.

This was disclosed by the Provincial Minister for Industries and Food, Ch. Abdul Ghafoor during a meeting with a delegation of traders and Investors here on Tuesday. He told that under large scale Industries project an industrial estate of international quality, over 1608 acres of land at Sundar, near Lahore has been completed. He said that Rs.1.035 billion were provided as seed money on soft terms and it comprised 667 plots of various sizes ranging from 0.5 acres to 5.0 acres. He further said that an investment of Rs.30 billion, creating thousands of jobs will be offered here after becoming fully functional.