PIDC positioned as key driver of Pakistan’s industrial growth

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MG News | November 04, 2025 at 11:52 AM GMT+05:00

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November 04, 2025 (MLN): The Pakistan Industrial Development Corporation (PIDC) has been recognized as a key driver of the country’s industrial growth, with the government reaffirming its commitment to boosting exports, attracting investment, and strengthening Pakistan’s industrial base.

During a visit to PIDC, Special Assistant to the Prime Minister on Industries and Production, Mr. Haroon Akhtar Khan, was briefed by the Corporation’s CEO on its performance, ongoing projects, and future plans, said a press release issued today.

The meeting reviewed major developments, including the Master Plan of Karachi Industrial Park, the land lease policy for Bin Qasim Industrial Park, and the establishment of a customs bonded warehouse.

Mr. Khan emphasized that PIDC serves as the backbone of Pakistan’s industrial structure and plays a pivotal role in implementing the new industrial policy envisioned by Prime Minister Shehbaz Sharif.

He noted that the government’s focus remains on building a strong industrial base and generating employment opportunities nationwide.

Highlighting the strategic importance of the Karachi Industrial Park, he said the project will boost national exports, open new avenues for investment, and strengthen Pakistan’s industrial ecosystem.

Under the new industrial policy, greater facilitation will be provided to local industries, he added, underscoring PIDC’s crucial role in ensuring effective policy implementation.

He reaffirmed the government’s commitment to transparency, modern infrastructure, and industrial reforms, stressing that efficiency and accountability in PIDC projects remain top priorities.

A comprehensive strategy, he said, is being developed to make PIDC’s role more dynamic and impactful in driving sustainable industrial growth.

 

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