Punjab Industrial Estate Chairman Mohsin Syed has said that Rs 15 billion will be invested by industrialists intending to set up their units in Sundar Industrial Estate (SIE) during the first phase, says a release issued here on Sunday.
Addressing a gathering of the industrialist belonging to textile, stitching, garments, weaving and printing units, he said that these units are expected to generate about 60,000 new jobs directly in couple of years period.
He assured the participants that this customer driven industrial estate would provide all facilities in setting up of laboratories for concerned sectors in the estate besides other facilities like electricity, gas, water, telephone connections at door step of the coming up units on the pattern of industrial estates in Thailand and other developing countries.
He informed that the consumer in Sundar Industrial Estate would be supplied electricity at international rates. The per unit will be in range of Rs 3 to 3.50. The same rate is applied to bulk consumers of electricity in the country.
He told that SIE would establish its own power house of 150 megawatt in next 24 months and would be completed by December 2006.
The electricity would be distributed through an under ground system which was not available any where in the country presently, however, at initial stage, the SIE would purchase electricity from Wapda in bulk, he said.
The chairman SIE made it clear that this customer driven industrial Estate was ready to provide every facility in order to gear up industrial activity and generate employment and assured that all necessary steps would be taken on advice of the industrialist, intending to set up their industries in Sundar Industrial Estate.
The participants were told that SIE was very anxious to give training to unskilled manpower for their industrial up coming units and arrangements were being made at extensive scale through setting up of vocational training institute. A sizeable plot has been allocated for this purpose in Sundar Industrial Estates, he concluded.
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