Air Link Communication Limited (PSX: AIRLINK) has successfully purchased a 3-acre industrial plot in Lahore. This purchase was confirmed by the company in a filing to the Pakistan Stock Exchange on Monday. The plot is situated next to a 5-acre plot owned by its subsidiary, Select Technologies (Pvt) Limited, located in the Sundar Green Special Economic Zone (SGSEZ).
| Company | Action |
|---|---|
| Airlink | Acquired 3-acre industrial plot |
| Location | Sundar Green Special Economic Zone (SGSEZ), Lahore |
Strategic Expansion Plans and Future Goals
The acquisition of this plot is part of Airlink’s broader strategy for expansion. According to the company’s statement, the plot purchase will allow them to take full advantage of the incentives provided by the SGSEZ. These incentives include tax benefits and infrastructural support, which will help Airlink grow its business operations.
| Purpose | Goal |
|---|---|
| Strategic Expansion | Enhance business growth |
| SGSEZ Incentives | Leverage tax and infrastructure benefits |
Location of the New Industrial Plot
The new industrial plot is located in the Sundar Green Special Economic Zone, which is a key area for industrial and economic development in Lahore. The plot is strategically positioned adjacent to another 5-acre plot owned by Airlink subsidiary, Select Technologies (Pvt) Limited. This proximity will allow for seamless operations between the two properties.
| Plot Size | Location |
|---|---|
| 3 acres | Sundar Green Special Economic Zone (SGSEZ), Lahore |
| Adjacent Plot | 5 acres owned by Select Technologies |
Airlink Business Operations and Products
Airlink Communication Limited is involved in a variety of business activities within the communication and IT sectors. These include the import and export distribution, wholesale, and retail of mobile phones, tablets, laptops, accessories, and other related products. This new acquisition is expected to support and expand Airlink’s distribution capabilities.
| Business Focus | Products and Services |
|---|---|
| Communication | Cellular phones, smartphones, tablets |
| IT Services | Laptops, accessories, wholesale/retail distribution |
Importance of the Acquisition for Airlink Growth
This acquisition aligns with Airlink’s long-term objectives of growing its business and enhancing its capabilities within the communications and IT industries. By securing additional space in the SGSEZ, the company positions itself to take full advantage of the area’s development, which will likely result in more efficient operations and business expansion.
| Key Benefit | Result |
|---|---|
| Increased Space | Better operational capacity |
| SGSEZ Location | Access to economic zone incentives |
A Step Toward Stronger Growth for Airlink
The acquisition of the 3-acre plot by Airlink is a significant milestone in the company’s growth strategy. With the proximity to its subsidiary’s plot in SGSEZ, Airlink is well-positioned to further strengthen its operations in the communication and IT sectors. This move will likely open new opportunities for the company, helping it expand its footprint in the market.
