Lahore: A 20-member delegation from the Pakistan-China Business Forum met with Provincial Minister for Industries and Commerce Chaudhry Shafay Hussain to explore investment opportunities for Chinese companies in Punjab. The discussions centered on prospects in sectors such as electric vehicles, information technology, and tourism.

According to Directorate General Public Relation – Govt of Punjab, the delegation included representatives from leading Chinese companies in various sectors, including electric vehicles and information technology. The meeting featured discussions on the potential for Chinese investment in manufacturing electric buses and trucks, with Chinese companies expressing interest in these sectors. Plans were also discussed for establishing a China Pavilion to showcase Chinese products and possibly setting up an information technology university in Gujrat.

Provincial Minister Chaudhry Shafay Hussain highlighted ongoing Chinese investments in Punjab, noting the completion of a factory by Chinese mobile phone company VIVO at Faisalabad Industrial Estate. He emphasized the provincial government’s focus on the electric vehicle sector, mentioning the operation of imported electric buses in various cities. Hussain encouraged Chinese companies to establish assembly plants for electric buses and trucks and highlighted the potential for investment in EV charging stations, IT, and tourism.

Hussain assured the delegation of land provision for the proposed China Pavilion and outlined the advantages of Punjab’s Special Economic Zones. He announced plans for a new expo center in Faisalabad and noted reduced industrial estate plot prices to encourage industrial unit establishments.

Lieutenant General (Retd.) Abdul Qayyum praised Hussain’s efforts in boosting investment and technology transfer from China to Pakistan, emphasizing China’s developmental role model status. Hussain also stressed the importance of promoting tourism between the two countries.