BR100 Decreased By (-0%)
BR30 Decreased By (-0.4%)
KSE100 Increased By (0.14%)
KSE30 Increased By (0.05%)
AGHA 6.62 Increased By ▲ 0.01 (0.15%)
BECO 4.32 Increased By ▲ 0.08 (1.89%)
BML 60.30 Decreased By ▼ -1.15 (-1.87%)
BOP 28.80 Decreased By ▼ -0.01 (-0.03%)
CNERGY 12.87 Increased By ▲ 0.07 (0.55%)
CSIL 5.43 Decreased By ▼ -0.13 (-2.34%)
FCCL 51.79 Decreased By ▼ -0.20 (-0.38%)
FFL 14.09 Increased By ▲ 0.07 (0.5%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.08 Increased By ▲ 0.17 (2.88%)
KOSM 5.39 Decreased By ▼ -0.05 (-0.92%)
LOTCHEM 25.49 Decreased By ▼ -0.33 (-1.28%)
MLCF 90.08 Decreased By ▼ -0.37 (-0.41%)
NBP 158.30 Decreased By ▼ -0.97 (-0.61%)
NCPL 48.90 Decreased By ▼ -0.18 (-0.37%)
NPL 53.20 Increased By ▲ 0.77 (1.47%)
OGDC 298.90 Decreased By ▼ -3.35 (-1.11%)
PACE 9.77 Decreased By ▼ -0.09 (-0.91%)
PAEL 33.80 Increased By ▲ 0.07 (0.21%)
PIBTL 13.75 Increased By ▲ 0.04 (0.29%)
PPL 218.70 Decreased By ▼ -0.55 (-0.25%)
PRL 106.97 Increased By ▲ 3.21 (3.09%)
PTC 53.81 Decreased By ▼ -1.25 (-2.27%)
SSGC 22.92 Decreased By ▼ -0.10 (-0.43%)
TBL 9.53 Decreased By ▼ -0.24 (-2.46%)
TELE 7.10 Decreased By ▼ -0.13 (-1.8%)
TPL 20.46 Decreased By ▼ -0.21 (-1.02%)
TPLP 11.82 Decreased By ▼ -0.05 (-0.42%)
TREET 23.47 Decreased By ▼ -0.13 (-0.55%)
TRG 56.46 Increased By ▲ 0.99 (1.78%)

LAHORE: A 20-member delegation of Chinese investors called on Punjab Minister for Industries and commerce Chaudhry Shafay Hussain on Friday and expressed keen interest in establishing electric bus and truck manufacturing plants, investing in information technology and tourism, and setting up a China pavilion in the province to showcase Chinese products.

The delegation, comprising representatives of Chinese companies in electric vehicles (EVs), IT, tourism and agriculture, discussed investment opportunities across various sectors of the province.

Director of the forum’s Beijing office, Wei Linzhui, said the forum planned to establish a China pavilion on 100 kanals of land in Punjab. Chinese investors were also considering electric bus and truck assembly and manufacturing plants, while an IT university in Gujrat was under consideration.

Shafay Hussain said several Chinese companies had invested millions of dollars in Punjab over the past two and a half years. He added that chip frame manufacturing would begin in Pakistan for the first time, while the construction of a Chinese mobile phone company VIVO’s factory at Faisalabad Industrial Estate was nearing completion.

He invited Chinese companies to explore opportunities in EV charging infrastructure, IT and tourism, assuring them that the provincial government would provide land for the proposed China Pavilion.

The minister said Punjab’s special economic zones offered modern industrial infrastructure, adding that plot prices in industrial estates had been reduced to facilitate investors.

A 50-acre expo centre would also be established in Faisalabad, with construction expected to begin by the end of this year. The minister stated that Chinese investment could accelerate technology transfer and industrial development in Pakistan, while stressing the need for practical measures to promote tourism between the two countries. Former Senator Lieutenant General Abdul Qayyum (r) also attended the meeting.

Copyright Business Recorder, 2026

Comments

200 characters remaining