Air Link Communication Limited has announced a strategic move to acquire industrial land worth PKR 572 million. The company made the announcement on Tuesday through a filing with the Pakistan Stock Exchange, detailing plans for the purchase of key plots in Lahore’s rapidly developing business hub, the Sundar Green Special Economic Zone (SEZ).
The company intends to acquire an industrial plot of 3 acres, while its wholly-owned subsidiary, Select Technologies (Pvt.) Limited, will purchase an additional 5-acre plot. The combined value of these purchases is set at PKR 572 million, a significant investment that reflects Air Link Communication’s commitment to both expanding its operational capabilities and positioning itself for future growth.
Air Link Communication outlined the strategic nature of the land acquisition. The move is primarily aimed at meeting the company’s growing space requirements for its current and future operations. Additionally, the purchases will allow the company to take advantage of the various incentives and benefits available under the Special Economic Zones Act, 2012, designed to encourage industrial and economic growth within designated areas of the country.
The acquisition of land at the Sundar Green Special Economic Zone represents a forward-looking strategy for Air Link, a company that is deeply entrenched in the import, export, wholesale, and retail distribution of communication and IT-related products. Air Link is well known for its wide range of products, including cellular mobile phones, smartphones, tablets, laptops, accessories, and other allied items. This move is expected to strengthen its operational base and contribute to its ongoing business expansion.
The Sundar Green SEZ, where these acquisitions are being made, is one of Pakistan’s key special economic zones, designed to promote industrial growth by offering a variety of fiscal benefits and infrastructural advantages. By establishing a strong presence within the SEZ, Air Link and its subsidiary Select Technologies will be better positioned to optimize their operations, increase efficiency, and expand their product offerings.
In addition to the expected operational benefits, the land acquisition also reflects Air Link’s broader vision of tapping into Pakistan’s growing technology and telecommunications market. As the demand for smartphones, laptops, and related accessories continues to rise, particularly in urban centers like Lahore, the company’s expansion into these newly acquired facilities will enable it to scale operations and meet the evolving needs of consumers more effectively.
As the company moves forward with these acquisitions, stakeholders, analysts, and investors are keenly watching how this strategic decision will impact Air Link’s long-term growth trajectory. With a solid foundation in the communications sector, the company’s expansion into the Sundar Green SEZ may play a pivotal role in solidifying its position as a leader in Pakistan’s telecom and IT industries.
