LAHORE: A Chinese company has been hired as foreign consultant for technical evaluation of the Quaid-i-Azam Apparel Park (QAAP).
SM Tanveerl, presiding over a meeting of the company’s board of directors, expressed his satisfaction over the appointment of the Chinese firm by the Punjab Industrial Estates Development and Management Company’s (PIEDMC).
The PIEDMC, he said, was determined to complete infrastructure development work on a war-footing basis to avail the preferential access to European markets under the GSP+ scheme.
He said CNTEX, the Chinese firm, would provide technical vetting, improvement in master planning, vetting of detailed design infrastructure works, besides doing the assignments like designing of Combined Effluent Treatment Plant (CETP), captive power plant and grid stations for the apparel park.
Tanveer said the park would create 250,000 jobs and house about 600 industrial plots of half acre to 25 acres. An independent power plant would also be developed to fulfil the requirement of energy within the park, he added.
