::: National Industrial Parks Development and Management Company :::

National Industrial Parks Management and Development Company has been established by the Ministry of Industries and Production, Government of Pakistan to stimulate rapid industrial growth by establishing world class industrial parks throughout the country. Objective is to emulate the industrialization pattern of countries like India, Vietnam, Thailand and China who have undergone rapid industrial growth by focused development and professional management of industrial parks.
The company is a subsidiary of the Pakistan Industrial Development Corporation (PIDC) and has been set up as a Public-Private partnership incorporated under Section 42 of the Companies Ordinance 1984 and is limited by guarantee having share capital.

The company has its Head Office in Karachi and a Regional Office in Lahore to look after projects in the Punjab and the NWFP. The Board of Directors (BoD) comprises of 12 members inclusive of professionals / individuals having exceptional record of services relating to industrial development and represent non-governmental organizations, academia and the business community. 75% of the Board members are from the private sector whilst the remaining 25% are from the public sector.

In order to achieve its strategic objectives, the company has built a customer-focused, investor friendly, professional environment with transparency, ethics and integrity as the cornerstone of the corporate philosophy.

OBJECTIVES

To support rapid industrialization in the country by establishing new industrial parks and rehabilitate those that may be handed over by the Government/Provincial Government(s) and to undertake related functions
To take necessary steps in attracting industrialists for setting up their businesses in the industrial parks
To promote interaction between the industrialists and the government so to create an overall conducive industrial environment
To provide a platform and act as a catalyst for industries to increase productivity
To promote the creation of jobs by capitalization on strength of different regions by prioritizing type(s) of industry prevalent in a particular area

PROJECTS

In-line with the industrial park concept, the company has undertaken design and development of three industrial parks across the nation; The 250 acre Korangi Creek Industrial Park at Korangi Creek, Karachi, the 930 acre Bin Qasim Industrial Park near Port Qasim, Karachi and the 174 acre Rachna Industrial Park near the outskirts of Lahore. All of these industrial parks are designed and developed incorporating the core features of world-class successful industrial parks already operating in the Far East region.

In addition to this, the company is also working on two marble cities along with Pakistan Stone Development Corporation (PASDEC) in the Mohmand Agency and the Risalpur area which will cater to the needs of the marble processing industry in Pakistan.

Key features of the projects include strategic clustering of specific industries for achieving synergy and enabling shared usage of common services, provision of utilities (Power, Water, Gas, Telecommunication), well built and connected road networks and effluent treatment facilities. Projects are also envisioned to contain vocational training centers for skill development, commercial centers for support services and comprehensive estate management and maintenance services. Provision of strong customer services by focusing on one-window operation is also envisioned to play a key factor in creating a customer friendly and hassle-free investment environment.

The company has formulated a comprehensive marketing and sales strategy to attract investment for these industrial parks. The company sales policy has been designed to ensure that genuine industrialists invest in the projects for setting up industries and to eliminate the involvement of speculative interest. Numerous sales and marketing activities have been undertaken to ensure visibility and representation of the company and its projects among prospective investors and key opinion leaders from all relevant areas of industries for making the industrial parks a thriving success.

In the next five years, the company intends to develop a Gems & Jewelry and an IT center within the Korangi creek industrial park which will allow vertical expansion of small and medium industries within these clusters. In synchronization with the government vision for rapid growth of the basic and value added agricultural sector, the company intends to diversify by carrying out comprehensive research and feasibility for agro-industrial parks entailing increase in farming productivity and encouraging value addition in the sector. The company also intends to aid the mining and mineral processing industry which has been identified as another key growth area by the government, by research and development for industrial parks catering to the specific needs of this sector.