Chinese group to invest $1.5 billion in Punjab, set up 300-acre industrial park
新闻台署名 来源：新华社、《黎明报》、《阿拉伯新闻》、阿纳多卢通讯社与《分钟镜报》。由 GSRRA 编辑部翻译并节选。
Agreement paves the way for new factories in textiles, autos, pharmaceuticals and other sectors
A Chinese investor group has signed an agreement with the Punjab government to develop a 300-acre industrial park in a Special Economic Zone, bringing an expected foreign investment of $1.5 billion to the province.
As per reports, the deal, formalized on Wednesday between the Punjab Department of Industries and Commerce and Sino-Pak Tech Industry (Pvt) Ltd, was signed at a ceremony held at PSIC House. Provincial Minister for Industries and Commerce Chaudhry Shafay Hussain and the company’s CEO, Pedric, signed the agreement in the presence of Chinese investors and officials from the Punjab Investment Board.
Under the plan, factories in textiles, automotive, pharmaceuticals and other sectors will be established in the industrial park. The provincial government will allocate land for the project inside one of Punjab’s Special Economic Zones.
Speaking at the ceremony, the provincial minister said the agreement reflects growing investor confidence. He noted that “several Chinese companies have already begun construction of their industrial units in Punjab,” adding that new foreign and domestic investments are central to creating employment opportunities.
Shafay said the government is offering incentives to encourage investment and is improving facilities within industrial estates, including a community centre for foreign investors and additional bank branches. He added that the Special Economic Zones have been equipped with infrastructure meeting international standards and urged investors to take advantage of the business environment in Punjab.
Reference Link:- https://profit.pakistantoday.com.pk/2025/11/27/chinese-group-to-invest-1-5-billion-in-punjab-set-up-300-acre-industrial-park/
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
