Final Notice to Defaulting Leaseholders — Peshawar Economic Zone (KPEZDMC)

Issuer: Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC). Purpose: Final public notice to leaseholders of industrial plots in Peshawar Economic Zone who have defaulted on lease terms, applicable policies, rules and regulations.

Defaults noted include failure to commence construction within prescribed period; construction limited to boundary wall or insignificant structures without establishing approved industrial unit; keeping allotted industrial units closed, non-operational or abandoned for extended periods; non-payment of outstanding dues to KPEZDMC; and unauthorised or non-conforming use of allotted plots.

Defaulting leaseholders are directed to appear before the Zone Manager, KPEZDMC, Peshawar Economic Zone within thirty (30) days from the date of publication of this notice and submit the items below. Failure to comply within the stipulated period may render the lease liable to cancellation, resumption of the allotment, legal action, recovery of outstanding dues as arrears of land revenue, and other rights and remedies available to KPEZDMC. The authority will not be responsible for repayment of any loans obtained by lessees upon cancellation of the lease. Resumed plots will be available for re-allotment to genuine and serious investors in accordance with applicable law and policy.

Location for submission/appearance: Industrial Facilitation Office, Peshawar Economic Zone — AZ Road opposite Post Office, near LAL Jamrud Road, Hayatabad, Peshawar. Contact numbers provided: 091-9350014, 9330015.

KPEZDMC expressly reserves all rights and remedies under applicable laws, lease deeds, policies and regulations; this notice is a final opportunity and shall be deemed sufficient notice to all concerned.