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Sundar estate attracts Rs40b investment


3/25/2017
LAHORE: More than 700 industrial units from varying sectors have been set up in the Sundar Industrial Estate, located 45 km from the centre of Lahore, and they have brought an investment of Rs40 billion in the economic zone.
 
Speaking at the 5th Annual Spring Flower Show, held at the Sundar Industrial Estate, Punjab Industrial Estates Development and Management Company (PIEDMC) Chairman Rizwan Khalid Butt told the audience, including leading industrialists, that the number of direct employees had reached 125,000 in the estate, which provided job opportunities for up to 800,000 people.
 
PIEDMC runs the Sundar zone where 740 factories have been set up so far.
 
“We want to make Sundar as green as any eco-friendly industrial estate in the world. We have allocated special resources to achieve this goal and will have a fully green estate in the next four months,” he announced.
 
The board of management of the Sundar Industrial Estate, spread over 1,800 acres, organised the flower exhibition, in which over 14 industrial units participated.
 
Board member Irfan Qadri praised the industrialists for keeping alive the tradition of holding the annual flower show, which was becoming more successful with every passing year.
 
“We started this practice five years ago and today it stands out as an environment-friendly initiative, which makes the estate even more attractive to the residents and visitors,” he said.