Ways in which NIP projects could be promoted in the USA were discussed at length. The Texas Trade Council committed to disseminate information about our projects to prospecting investors on a continuous basis.

The visitors appreciated NIP’s efforts and seemed interested to acquire a block of land at BQIP where a few prominent leather garments manufacturers & exporters could be accommodated. They will be discussing this with the individual stakeholders in their sector and with their Association in order to seek a way forward.

The PJBF delegates appreciated NIP’s efforts in developing such world class industrial parks and felt that jointly they can promote BQIP to attract Japanese investment. They advised that they could draw industrial units in the field of auto parts, chemicals and food processing. They were interested in acquiring 500 acres of undeveloped land at BQIP, however emphasized that the price has to be attractive to motivate Japanese investors.

The minister appreciated the projects being offered by the Company which include Korangi Industrial Park, Bin Qasim Industrial Park at Karachi and Auto Cluster Industrial Park at Lahore and directed not to compromise on standard.

Mr. Saleem H. Mandviwala also assured that the BOI would extend all assistance to introduce NIP to national and international forums to woo entrepreneurs for making investment in NIP projects.

Mr.Zubair Habib,Chief Executive  – National Industrial Parks Development & Management Company, delivered a presentation about the Company, its projects & particularly the  Korangi Creek Industrial Park

The Chief guest appreciated the efforts of the team and asked to establish such industrial parks in other cities as well. He assured that all possible efforts will be done to facilitate the local & foreign businessmen.

Link to the press release of Governor House
http://www.governorsindh.gov.pk/pressrelease/news.asp?id=1990

The park is being set up on 930 acres of land at Pakistan Steel Downstream Industrial Estate, in Karachi for medium and large industrial units.

Pakistan Steel Mills Corporation and National Industrial Parks Management and Development Company (NIP) entered in to an Agreement for development and marketing of an industrial park on 930 acres of land at Bin Qasim. This is second such project undertaken by the Company. Korangi Creek Industrial Park (KCIP) being the first.

BQIP will provide infrastructure at par with international standards and will cater to the business need of medium and large enterprises. The Park is being developed with a focus on provision of salient features integral to an industrial park. It is proposed to accommodate those clusters with linkages to the existing Down-Stream Industrial Estate and Small & Medium scale industries based on plastic sector, electronics and food and beverage production units.

BQIP will have integrated road network, sewerage and effluent treatment plant and solid waste management in addition to the provision of essential support facilities, utilities and implementation of environmental standards. The developed land will be marketed at a price of Rs.7 million per acre. The initial concept of the project has been developed by M/S Jurong Consultants Private Limited of Singapore.