Quaid-e-Azam Business Park Sheikhupura
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Quaid-e-Azam Business Park Sheikhupura () is a
industrial park An industrial park, also known as industrial estate or trading estate, is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more heavyweight version of a business park or office par ...
in Pakistan, spread over 1536 acres of land located on the M2 Lahore-Islamabad Motorway near
Sheikhupura Sheikhupura (Punjabi language, Punjabi / ; ) also known as Qila Sheikhupura, is a city and district in the Pakistani province of Punjab, Pakistan, Punjab. Founded by the Mughal Empire, Mughal Emperor Jahangir in 1607, Sheikhupura is the List of ...
. It has been designated as a
special economic zone A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increas ...
by the Pakistani government. The park is operated by the ''Punjab Industrial Estate Development and Management Company'' (PIEDMC).


History

The business park had initially been named the ''Quaid-e-azam Apparel Park''; the name was changed in November 2019. In 2020, 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 In March 2020, Prime Minister of Pakistan Imran Khan was scheduled to inaugurate the business park, but this was delayed due to the
COVID-19 pandemic The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
. Punjab Industrial Estates Development and Management Company (PIEDMC) claimed that more than 300 national and multinational companies had shown interest in establishing industrial units in the business park. Quaid-e-Azam Business Park Sheikhupura was officially launched on 18th July 2020. In 2024, a delegation of industrialists met with the provincial Minister, Chaudhry Shafay Hussain. They were keen to set up a factory at the Quaid-e-Azam Business Park. 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.


References

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External links


Official website
Business parks Economy of Punjab, Pakistan Industrial parks in Pakistan Sheikhupura District Special economic zones of Pakistan