Terms & Conditions

These Terms & Conditions are an undertaking to be read, accepted and signed by the applicant. By submitting the online form you confirm that you have read, understood and accepted them.

1. Cost of plot

• Cost of a one-acre plot will be as per the offered documents.
• In some cases the actual size of the plot may vary as mentioned on the map. The final instalment will be charged according to the actual plot measurement.

2. Application procedure

• The duly signed application can be submitted at the KPEZDMC head office by hand or through post/courier along with an application fee of PKR 15,000/- (non-refundable) in the form of a bank draft favouring Khyber Pakhtunkhwa Economic Zones Development and Management Company.
• The application must be accompanied by a Business Plan / Pre-Feasibility Report of the aspiring industry.
• A copy of the CNIC and NTN should be submitted along with the application form.
• Online submission creates a serial number and a PDF copy. Supporting documents may be uploaded with the application or delivered to the Business Development Department within the stated deadline.

3. Allotment procedure

• Submission of an application does not render entitlement to the rights of allocation/allotment of a plot.
• KPEZDMC reserves the right to offer, through auction or open bidding, common-use, commercial or any other plot of land which it may decide in its sole discretion. In all such cases KPEZDMC will define a reserve price in advance.
• A Letter of Acceptance (LOA) will be issued upon approval of the application, followed by a Plot Allotment Letter on receiving the down payment for the plot. The Allotment Letter will be issued on full payment.

4. Transfer of plots

• No transfer or resale is allowed until a Lease Agreement is signed. The final Lease Agreement will be executed on full and final payment of dues. The certificate of Commercial Production can be obtained from the Estate Manager.
• The applicant shall not mortgage the plot of land for any purpose other than for the construction of the project on the allotted land, subject at all times to prior approval of KPEZDMC.
• No Power of Attorney shall be granted by the holder of the plot of land to any third party, except where it is absolutely necessary to the satisfaction of KPEZDMC authority for any specific purpose approved by KPEZDMC on the written application of the holder of the plot of land.

5. Operation schedule

• No construction in respect of the project shall be allowed without prior approval of construction drawings from KPEZDMC. Construction drawings of the factory shall be prepared by a licensed architect/engineer with the Pakistan Council of Architects & Town Planners (PCATP) and Pakistan Engineering Council (PEC). They must be submitted to KPEZDMC for approval; a fee will be charged by the company in this regard.
• Construction drawings shall be submitted within 3 months of issuance of the possession letter, and construction shall commence within 6 months from issuance of the possession letter.
• The applicant shall be responsible for carrying out infrastructural work and other activities within its plot of land in line with all applicable rules, by-laws, building regulations approved by KPEZDMC.
• The industrial unit shall be completed and in production within 36 months of the date of issuance of the Possession Letter.
• KPEZDMC or such other body or entity nominated or established by KPEZDMC shall charge from each applicant/plot holder such management fee, maintenance charges, ground rent and any other charges or tolls for the industrial estates/economic zones and related infrastructure, facilities and utilities as KPEZDMC shall determine at its sole discretion. Failure to pay over a period of 6 months will result in cancellation of the allocation/allotment/lease and repossession of the plot of land.

6. In case of default

• In case of breach of terms of allocation, KPEZDMC has the right to repurchase the allocated plot on the paid amount leased after deduction of 10% service charges and recovery of other dues if applicable.
• Failure of the applicant to meet any timeline and/or two subsequent quarterly instalments, or non-construction of the plot, may result in cancellation and repossession. Upon repossession, the applicant will be charged 10% service charges and recovery of other dues if applicable.

7. General conditions for applicants

• Submission of an application does not render entitlement to the rights of allocation/allotment of a plot.
• KPEZDMC shall, for its own internal purposes, develop the criteria against which submitted applications and supporting documents shall be evaluated, and holds the sole and exclusive right to reject any application without assigning any reason.
• In case applications exceed the available number of plots, allocation will be done on the basis of set criteria by KPEZDMC or balloting.
• Submission of incorrect, false or misleading information will result in rejection of the application or allocation of the plot.
• Change in name, trade or business plan after allocation is permissible only in accordance with applicable government and building by-laws of KPEZDMC.
• The industrial plots shall only be used for industrial purposes and shall not be used directly or indirectly for residential or any other purpose which contravenes the industrial use.
• KPEZDMC or any person authorised on its behalf shall have the power to make amendments, alterations or additions to these by-laws or to relax any of their provisions.
• KPEZDMC will use its best efforts to provide infrastructure and utilities to the occupants of each plot.
• KPEZDMC will pursue the development/upgrading of each Industrial Estate and/or Economic Zone within such timeframe as may be determined by KPEZDMC at its sole discretion.
• The applicant shall be bound to abide by all Government Laws, Environmental Laws, Labour Laws, KPEZDMC building by-laws and the Terms and Conditions of the Plot Application Form. Failure to do so will result in cancellation of the allocation/lease and may result in repossession of the land.
• All formalities and expenditure (including stamp duty and registration fees) incurred on execution, registration or transfer of any licence, lease or other document pertaining to the plot shall be borne by the applicant.
• All government taxes, levies and charges in respect of the plot of land shall be borne by the applicant whenever these are applied or due.
• The applicant/occupant shall pay for and be responsible for the utilisation of electricity, gas, telecommunication and other utilities directly to the concerned providers.
• KPEZDMC reserves the right to inspect industrial units to ensure compliance with its by-laws.
• KPEZDMC may amend, alter or add to these Terms & Conditions or relax any provision on a case-to-case basis.
• The applicant undertakes that these Terms & Conditions shall be binding and that KPEZDMC shall have sole discretion to impose, amend or withdraw terms and conditions from time to time, which shall also be binding on the applicant.

Notes

• Failure to submit any prescribed document will make the application liable to rejection.
• Expatriate Pakistanis and foreign nationals are required to provide copies of valid passports.
• Only NICs issued by NADRA will be entertained. Applicants possessing old NICs should submit a copy of the NADRA receipt for issuance of a computerised NIC along with a copy of the old NIC.

Disclaimer

KPEZDMC shall not be responsible or liable to the title holder of the land or to an applicant on account of any event of Force Majeure. Force Majeure includes an act of war, flooding, earthquake, lightning, terrorist acts, the making or changing of any Government policy or directives, change in law, labour issues, legal restrictions, industrial disturbance, or any other event beyond the reasonable control of KPEZDMC whereby KPEZDMC is unable to carry out its functions or obligations pursuant to the contractual agreement with the title holder of the land and/or the acceptance of an application form or in respect of any plot of land.