Lahore: The Punjab Industrial Estates Development and Management Company (PIEDMC) has invited industrialists and investors to get the benefit of a 10-year income tax exemption on investing in the Vehari Industrial Estate, according to a PIEDMC advertisement published in a newspaper. In addition, a one-time exemption of customs duties and tax will also be offered on the import of industrial machinery.
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As per the advertisement, the industrial estate offers state of the art business and industry-friendly services and amenities. The project is located at a mere six-kilometre drive from Vehari city. It is one of the several Special Economic Zones (SEZ) developed by the government of Pakistan under the China-Pakistan-Economic-Corridor (CPEC). Some of the facilities that will be offered to the investors are:
- State of the art infrastructure
- One-window facilitation center
- Complete guarantee of security and safety of infrastructure
- Availability of affordable human resources
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Those Interested in the Vehari Industrial Estate are thus invited to express their interest by submitting their enquiries and Expressions of Interest (EOI) to the PIEDMC head office in Lahore.