Managing Director PSIC convened a comprehensive review meeting with all Regional Directors and Directors are to review the recovery position of the PSIC Small Industrial Estate for FY 25–26, which includes land costs, maintenance, sewerage, and water charges.
During the meeting, the recovery status of all 22 industrial estates was thoroughly discussed, including the progress, bottlenecks, and challenges faced in regions with a low recovery rate. Managing Director expressed appreciation for the efforts of the Regional Directors who have successfully achieved the required recovery rate. Further, MD issued strict instructions to all Regional Directors to ensure positive recovery trends. Additionally, she directed the Deputy Managing Director to monitor progress in a timely manner.
Further, MD PSIC also underscored the importance of carrying out a systematic and well-planned price assessment of redundant properties, to facilitate transparent auctions at fair and realistic market values.
In addition, MD briefed the Regional Directors on Phase II of the AKF initiative, directing them to focus on strong branding strategies, organize targeted seminars, and undertake well-structured promotional campaigns to maximize outreach and impact.
