LAHORE, Sept 3: The Punjab Industrial Estates Development and Management Company (PIEDMC) has finalized a criteria for allotment of industrial plots at Sundar Industrial Estate.

The criteria was finalized at a meeting of the PIEDMC board of directors on Friday. The applicants would be required to provide a brief outline of the project, estimated usage of utilities, tentative project details, environmental details and estimated number of employees.

The applicants would also have to give details of the product range, manufacturing, processing, assembling, imports, exports, warehousing and distribution. The applications would be received by the company after Sept 30.

The meeting noted that six local and foreign banks had expressed their willingness to finance projects at Sundar Industrial Estate, inaugurated a few days ago by the chief minister.