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Today's Paper | November 24, 2024

Updated 19 Feb, 2023 07:36am

Chinese group keen on setting up plant in Punjab

LAHORE: A delegation of Chinese investors has expressed keen interest to explore opportunities in the fields of energy, health and technical training.

During a meeting with Punjab Caretaker Commerce Minister S.M. Tanveer, the Chinese businessmen led by TIANS Group President Zhang Zhang desired to set up a manufacturing plant in Pakistan.

Mr Tanveer said the government would cooperate in every possible way to attract Chinese investments in the Special Economic Zones being set up across the province to woo foreign investors.

He added that the group can also make a joint venture with Pakistani companies and for this government will provide all possible facilities. “There are also several investment opportunities in the production of electric vehicles in Punjab,” the minister added.

Punjab Board of Investment and Trade chief executive Jalal Hasan Khan gave a detailed briefing about the investment opportunities for Chinese companies in the province. He said 13 Special Economic Zones have been established while six are in the pipeline.

Published in Dawn, February 19th, 2023

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