Khyber Pakhtunkhwa Economic Zones Development and Management Company

Introduction:

Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) has been established as a non-profit organization, within the meaning of section 42 of the Companies Ordinance, 1984, and is wholly owned by the government of Khyber Pakhtunkhwa. The company aims to develop and manage world-class industrial estates in the Khyber Pakhtunkhwa to help organize and establish planned and rapid industrialization in Khyber Pakhtunkhwa. Rehabilitation of the existing industrial estates is also part of the objectives of this company. The department is to facilitate focused industrial growth, by developing modern industrial estates, leading to mass job creation, skill enhancement, increased productivity, contributing to the GDP, aiming to reduce poverty and gearing towards a prosperous Khyber Pakhtunkhwa Province. (KPEZDMC, n.d.)

 

Plot Application service is the only digitized process and has an online form that must be filled. Once the application is submitted by the client, the application is printed and evaluated, followed by a rejection/approval and finally a “Letter of Acceptance'' is issued in cases where the plot allotment is accepted. The “Letter of Acceptance'' is further sent through a courier service. Certain documents still need to be submitted in hard form even if the application process has been done online; this includes documents such as Demand Draft. The processing time varies from case to case, in certain situations where “Demand Drafts” are involved, the processing time may increase on account of the Demand Draft bouncing.  The department intends on expanding its digital footprint along with integrating their processes both internally as well as externally with other departments, however, they state that these changes will come slowly in the long run. Bringing each digital change to maturity is a time-consuming process that requires constant evaluation and addressing issues that come along the way.

 

Service offered: 

  • Plot Application Service

 

Checklist: 

  • Company address

  • NTN number

  • Desired plot size

  • Number of employees

  • Estimated demand of utilities 

  • Mode of financing 

  • The Estimated cost of the project

 

Document requirements:

  • Requirements for Company
  • The name of the Director(s) authorized to sign the documents along with a resolution to purchase the plot.
  • Copy of CNIC of authorized director(s).
  • NTN number.
  • Certificate of incorporation.
  • Certificate of commencement of business (in case of the public limited company)
  • Copy of the memorandum and articles of association attested by the company secretary.
  • Affidavit to be provided with undertaking that the company has a clean bank record.
  • Detail of any money decree against the company.
  • A resolution to meet the financial liabilities of the company. (KPEZDMC, n.d.)

 

Partnership, Firm or AOPs

  • Copy of the CNIC of authorized partner(s)
  • NTN Number
  • Partnership Deed.
  • An undertaking to meet financial liabilities of the firm and name(s) of partner(s) authorized to sign documents.
  • Undertaking that the firm has a clean bank record
  • Detail of any money decree against the partnership, Firm, or AOP.
  • Resolution of partner regarding the project. (KPEZDMC, n.d.)

 

Individual

  • Copy of National Identity Card.
  • NTN Number.
  • Undertaking to meet financial liabilities.
  • Details of any money decree against such individuals.
  • Undertaking that the individual has a clean financial record. (KPEZDMC, n.d.)

 

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