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Application forms for allotment of industrial plots in Sundar Industrial Estate, 25-km away from Thokar Niaz Beg, Lahore will be available from September 07, and the last date for submission of these forms is September 30.
This was stated by Mohsin Syed, Chairman Punjab Industrial Estates Development and Management Company (PIE) in a statement issued here on Thursday. He said a transparent system has been adopted for allotment of these industrial plots and no plot has been allocated to anybody so far, he clarified.
The application forms will be available on website www.pie.com.pk on September 06, and would also be available at all branches of Bank of Punjab in the province from September 7. The applicants have to deposit Rs one million per acre along with their applications.
The contents of the application form would be finalised at a meeting of board of directors of PIE being held here at its head office on Friday, September 3.
He said that the allotment process would be started after submission of forms by the interested applicants. If the number of applications received is more than the plots, balloting will be held in the presence of press media, he concluded.

Copyright Business Recorder, 2004

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