LAHORE: The Punjab Industries Secretary has instructed the Punjab Model Bazaars Management Company (PMBMC) to expedite the construction of new model bazaars in 13 districts, including Muzaffargarh, Chiniot and Jhelum.
The land for these projects has already been transferred free-of-cost by the government, and Secretary Ehsan Bhutta stressed the need to fast-track all remaining formalities to initiate construction without delay.
Model Bazaars CEO Naveed Rafaqat Ahmad said the secretary emphasised that Model Bazaars are a key source of relief for the general public providing essential goods at prices lower than government-notified rates.
The secretary directed the CEO to personally oversee the process, ensuring that all necessary steps are completed as per the government’s instructions. ‘This project is a priority for the government, and we aim to establish these Model Bazaars at the earliest to benefit the public,’ he stated. The secretary also called for an urgent submission of the summary to kick start the approval process.
Naveed told media that estimates for 10 of the new bazaars have already been technically vetted by the Chief Engineer of the Communication and Works (C&W) department. ‘We are fully prepared and committed to launching the construction process at the earliest. All technical assessments and groundwork have been meticulously completed, ensuring there are no delays once we receive the green light. These new Model Bazaars will not only inject life into local economies but will also serve as catalysts for significant job creation, both directly and indirectly. This is a game-changer for small businesses and entrepreneurs, offering them a unique platform to thrive, while also providing millions of people with access to affordable, essential goods in a safe and secure environment,’ he stated.
‘This project is about more than construction—it's about transforming communities and boosting economic activity across the province. Highlighting the success of existing Model Bazaars, Naveed Rafaqat shared, ‘At present, 36 Model Bazaars are fully operational across 24 districts in Punjab, attracting an impressive footfall of over 60 million visitors annually. These bazaars have become indispensable, offering not only a platform for consumers to access essential goods at lower than market prices but also empowering small business owners to thrive. With startup capital as low as Rs25,000, entrepreneurs are able to launch and grow their businesses in a secure, well-managed environment.
We provide them with essential services such as free limited electricity, cleaning, and 24/7 foolproof security, ensuring that they can focus solely on scaling their businesses. The Model Bazaars are not just markets—they are economic engines, transforming lives and communities by creating sustainable, inclusive growth across the province.