NATIONAL INDUSTRIAL PARKS DEVELOPMENT & MANAGEMENT COMPANY (NIP)
    • NIP has been registered with a capital of Rs.150 million. An additional amount of Rs.175 million has been contributed by PIDC, thus the paid up capital of the company has increased to Rs.325 million. Government has also allocated a loan of Rs.2 billion as seed money to NIP.
       
    • Main aim the company is to establish modern/world class industries parks throughout the country.
    • All infrastructural facilities such as water, power, natural gas, telephone, warehousing and other common facilities would be provided in these industrial park.
    • Based on the public-private partnership concept, the BOD of the company comprises of majority of private sector directors. The Chairman and CEO are also from the private sector.
    • SMEs considered not much resourceful would be the main beneficiaries of the industrial parks.
    • Prime industrial land of 250 acres owned by PIDC at Korangi Industrial Area, Karachi handed over to NIP for setting up a first modern industrial park.
    • NIP has entered into an agreement with Pakistan steel for developing an industrial Park on 930 acres of land at the Downstream Industrial Estate at Bin Qasim Karachi
    • The Company envisages setting up an Auto Cluster Industrial Park in Sheikhupura for Which 174 acres land on Lahore-Shekhupura Road has been acquired.
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