China Announces Rs3bn Transport Investment — 21,000 Jobs for Punjab

China is gearing up to invest Rs. 3 billion in Punjab’s transport sector as part of a broader multi-industry expansion announced during a meeting with Punjab’s Minister for Industry and Trade, Chaudhry Shafique Hussain. Chinese companies Zhihyuzun Group and Shenzhen Sea Energy Power Holding Company confirmed their plans to invest in transport, textiles, and auto parts. Zhihyuzun Group will spearhead the transport investment, while Shenzhen Sea Energy will focus on textile and auto-parts manufacturing. The projects are expected to create around 21,000 jobs, strengthening Punjab’s industrial base and supporting economic growth. The government assured full facilitation through Special Economic Zones, encouraging long-term Chinese collaboration. Formal agreements are expected soon, marking a significant push toward improved infrastructure, mobility, and industrial development in Punjab.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related News

Islamabad: The Federal Board of Revenue has updated Islamabad’s immovable property valuation framework through S.R.O. 1335(I)/2026, adding Sector E-8 to the relevant valuation table for

Islamabad: Adviser to the Prime Minister on Privatisation and P3A Board Chairperson Muhammad Ali chaired the 44th meeting of the Public Private Partnership Authority, where

Lahore: Chief Minister Punjab Maryam Nawaz Sharif’s official social media account said the Lahore Metro Bus service continues to operate without disruption, rejecting circulating claims