Lahore: The Punjab government has allowed industrialists to construct warehouses on agricultural land – a news source reported.
The decision forms part of the recently introduced ease of doing business (EODB) initiative. EODB is aimed at removing bottlenecks and facilitating investors for smooth business operations.
The Lahore Metropolitan Corporation (LMC) previously forwarded a summary to the provincial government. The decision regarding warehouses has been taken under Land Rules, 2014, Clause 12.
A warehouse will be constructed on an area measuring 10,000 square feet. Sixty percent of the area will be utilised for general storage. At least 30% will be left designated as open area. The height of the warehouse has been fixed at 38 feet.
Industrialists have been asked to construct their warehouses at a distance of 300km from the road. Furthermore, they have been told to utilise the structure only for storage purpose.
LMC, chief secretary, secretary public health engineering, law secretary, and Chairman P&D will give the approval. LMC will decide on the licence and building plan within 21 days.
