LAHORE: The Head of state’s Office (Board of Investment/SEZ Secretariat) says the sale of plots by the Punjab Industrial Estate Growth and Administration Firm (PIEDMC) in various Unique Financial Areas (SEZs) in the district regardless of a moratorium is illegal and needs an extensive probe.
The PM office has asked the Punjab Special Economic Area Authority (SEZA) to confirm the data in addition to the recap sheets by Sept 7 with a concentrate on provisional allocation letters released by the PIEDMC, specifically the information as well as the proficiency of the authority to accord such authorizations.
” Till the finalisation of the plan concerning sale of plots in the SEZs, the BOI, being secretariat of the authorizations committee and board of authorizations hereby encourages all the SEZAs to route all the area developers under their jurisdiction to avoid any sale of industrial story to any financier without the approval of the SEZ committee,” reads a letter the PM workplace wrote to the authorities worried on Sept 1.
Nothing prohibited, states PIEDMC
It additionally refers to a BOI’s letter of Oct 8, 2020, in pursuant of a choice absorbed the 6th conference of the Board of Approvals, held on Oct 7, 2020 and commanded by the head of state, a halt was placed on the sale/ lease/ sub-lease etc of stories in all the SEZs, and consequently all SEZAs as well as area designers were appropriately directed to instantly stop all activities related to sale, lease or sub-lease of stories as well as ensure its implementation in their respective jurisdictions.
The halt remained imposed from Oct 9, 2020 to January 1, 2021 and was ultimately taken out in pursuance of a decision made by the board of approvals in its 7th conference commanded by the PM and also the exact same was interacted to the SEZAs and designers via BOI’s letter of Jan 1, 2021.
” However, regretfully, it has actually been observed that despite the positioning of the halt, a substantial number of stories in SEZs of Bhalwal, Vehari and Rahim Yar Khan and once Quaid-e-Azam Garments Park were offered by their area designer– PIEDMC. The data pertaining to these SEZs, properly endorsed by the SEZA vide its letter of March 4, 2021 additionally confirms this observation,” says the letter composed by the Lt-Col retired Shakeel Ahmad Shah, Industrial and also SEZ Supervisor (PM Workplace/ BOI secretariat).
It specifies that while the instance was present for re-notification of Quaid-e-Azam Clothing Park as Quaid-e-Azam Organization Park (QABP) during the period– 16th July to 7th October 2020, the designer accepted allotment of plots as QABP which was not an informed SEZ back then, and later, after authorization of adjustment in the name on 7th October 2020, in the 6th meeting of the Board of Authorization, it coldly broke the moratorium that was positioned in pursuance of the decision taken in the very same conference on Oct 8, 2020.
” We have additionally learnt that the PIEDMC is still allotting land without placing the situations before the SEZ boards for authorization. Recently, M/s Oreal Ceramics, which is currently an accepted zone business operating in Bhalwal SEZ, has revealed in a meeting that PIEDMC has allocated it extra land in the afforementioned SEZ, whereas the record discloses that no such situation for quantity of extra land to the claimed area venture has actually been put till date before the particular SEZ board.”
On the other hand, the PM secretariat in an one more letter of August 30, 2021 said:
” Because the decisions had in the claimed mins have actually been drafted unilaterally without correctly tape-recording the points of conversation and also looking for endorsement from the board participants, the PIEDMC is asked for to take out the aforedated minutes of the meeting along with the aforesaid 10 letters for giving area business condition being void abinitio.”
When spoken to, an elderly PIEDMC official resolved the impression, describing it an effort to stop working the PM’s fast lane technique to bring in regional as well as international investors.
“The moratorium is not a large issue. Its is the BOI which is producing difficulties in the method of advancement of SEZs in Punjab. We have done nothing unlawful as the stories sold to investors were according to the recommended regulation, guidelines & regulations,” the authorities said. He termed the SEZA Act anti-investor, declaring that none of the SEZs created so far had actually adhered to the act.
“None of the SEZs might have been created by adhering to the act,” he included.