Quaid e Azam Business Park Sheikhupura
It is the only smart industrial zone in the country. It is a business destination of the future, spread over 1,536 acres of land. The park is projected to generate about 250,000 jobs for both skilled and unskilled labor after its completion. The project also aims to empower working women with amazing career opportunities.
The core aim behind the establishment of the Quaid e Azam Business Park is to bring Foreign Direct Investment (FDI) into the country, creating opportunities for growth for a large form of industries, while also opening up an outsized number of jobs within the province.
The project is aligned with Prime Minister Imran Khan’s vision of making 10 million jobs during his tenure. This mega project was launched with the aim to market industrialization in Punjab, following a self-sustaining model that allows it to figure on developing industrial estates within every district of the province. This in Sheikhupura is simply one in all the numerous projects underway by the PIEDMC
This project is located near Lahore-Islamabad Motorway M-2 Sheikhupura Interchange and lies at a distance of a 15-minute drive from the Lahore parcel of land on M-2. As announced earlier, Prime Minister Imran Khan has inaugurated Quaid-e-Azam Business Park in March.
Here are a few details about the location, features, payment plan of plots, and project plan of this project along with other information that might help you decide why this would be a good investment option for you.
Quaid e Azam Business Park Sheikhupura Location Map
The Business Park is located in a convenient location and is accessible from M2 Motorway easily. Lahore-Islamabad M-2 Motorway because it passes by Sheikhupura. The QABP also features a dedicated motorway interchange to attach it to the M-2 Motorway. It’s just 25 minutes’ turn back from Lahore city via the M-2.
The project also touches Lahore–Sargodha Road (N60) at its rear. These routes link the project to any or all the foremost cities, not just in Punjab, but everywhere in Pakistan including the dry ports and seaports through a network of motorways and national highways. Keeping the situation of Quaid-e-Azam Business Park in mind, here are some notable routes and ports it connects to:
- Allama Iqbal International Airport, Lahore – 55 kilometers away.
- Sheikhupura railroad terminal – 6 kilometers away.
- NLC Dry Port, Lahore – 42 kilometers away.
The industrial park is additionally just 15 kilometers away from the govt. Technical Training Institute, Sheikhupura, and also the park’s proximity to Sheikhupura (a city of 0.5 million people) means lots of skilled and unskilled labor are going to be ready to comfortably visit and from the park.
Quaid e Azam Business Park Sheikhupura Payment Plan
The master plan of Quaid-e-Azam Industrial Park features a total of 653 plots for investment, in 5 size-based categories. Here are the plot sizes ready for investment and the number of plots available in each size:
It offers plots of ½ Acre, 1 Acre, 2 Acre, 4 Acre, and more than 4 Acres.
- The price of ½ Acre plot is PKR 14,400,000
- The price of 1 Acre plot is PKR 28,000,000
- The price of 2 Acre plot is PKR 54,000,000
- The price of 3 Acre plot is PKR 78,000,000
- The price of 4 Acre plot is PKR 78,000,000
- The price of plots more than 4 Acre is PKR 78,000,000
These were prelaunch prices and are subject to change as per the decision made by the PIEDMC. Corner + road-facing plots will be charged a 10% extra premium, while road-facing plots will be charged a 5% additional premium. Investors paying for their plots in installments must pay a minimum of 6 installments before they are allotted a plot in QABP.
Each plot owner will be given 24 months to build and develop their plot from the time they take possession of it. The timeline of 24 months will not be reset if you choose to transfer ownership of the plot. However, building period extensions can be bought at a cost. All plots are transferable once complete payment has been made, either in cash or in the form of installments.
Quaid e Azam Business Park Sheikhupura Project Plan
This Business Park in Sheikhupura aims to provide an industrial environment where almost all types of small and big industries will be located and will help in growing the economy of the Country eventually creating more jobs.
It is a top-notch investment place for extreme investors and industrialists who wish to make a big out of it. It will provide unmatched opportunities for growth to about 12 industries.
- Manufacturing Services
- Auto parts
- Light Engineering
- Plastic Industry
- Information Technology
- Food & Beverages
- Mobile Manufacturing
Developers of Quaid e Azam Business Park Sheikhupura
It is a project of Punjab Industrial Estates Development & Management Company (PIEDMC) that is an autonomous and not-for-profit organization owned by the government of Punjab and managed by an obsessive Board of Directors.
The administrators mostly include key position holders within the regime in addition as private sector industrialists, making PIEDMC a reasonably successful example of a Public-Private Partnership (PPP).
You now have a better idea about Quaid-e-Azam Business Park, Sheikhupura, and the possible investment opportunities it offers to both foreign and domestic investors.
There are also a number of other SEZs being developed in Pakistan, such as the Rashakai Special Economic Zone (RSEZ), and the Dhabeji Special Economic Zone (DSEZ), which will boost economic activity in the country as the CPEC nears completion.
Features and Facilities Going to be Available in Quaid e Azam Business Park Sheikhupura
This project has some of the facilities that are most required for a project like this, it has a fully functioning administrative and site office. Boundary wall completed.
Water distribution network with underground and overhead reservoirs, pumping station, and generator house completed.
Underground sewerage network completed, laying of electrical distribution network and sub-stations is in progress.
As per the masterplan the project will have:
- A fully functional administrative office on site
- Sui Gas Site Management System (SMS), which is under construction
- A network of overhead and underground reservoirs for water distribution
- A pumping station with a generator for backup
- An underground sewerage network, which is fully developed
- A network of electrical substations, which is under development
- An international standard infrastructure
- Secured boundary wall
- Controlled entry and exit at all gates
- Trained personnel patrolling the premises
- Small commercial areas and parks
- Well-paved roads with sidewalks
- Efficient street lighting
- A central mosque near the main entrance
- One 220-kilovolt grid station
- 24/7 emergency center
- A dedicated vocational training center
- A tube well system for water supply
- Electricity supplied by WAPDA
- Telephone lines
- Broadband wireless internet connectivity
- Dedicated space for factory outlets
- One-window operation facility
- An expo center