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“To follow public private partnership model and to bring less developed areas of Punjab into mainstream, create jobs, alleviate poverty & contribute to sustainable GDP growth, to abide by environmental laws and comply with The WTO regime”
PIEDMC is a company set up under section 42 of the Companies Ordinance 1984 (now Companies Act, 2017). PIEDMC is an autonomous, not for profit entity owned by the Government of Punjab and is run by a Board of Directors (BOD) comprising of private sector industrialists and ex-officio members. PIEDMC is a successful example of Public – Private Partnership.
Punjab Industrial Estates Development & Management Company (PIEDMC) was formed with the vision to promote industrialization in the province of Punjab. PIEDMC follows a self-sustaining model with an aim to develop industrial estates in every District of Punjab Province.