Copyright brecorder
LAHORE: Chief Minister Punjab Maryam Nawaz Sharif had a meeting with a delegation of prominent Chinese investors, in which they expressed their keen interest in making investments in Punjab. The CM was pleased to see women investors as part of the Chinese delegation. The meeting held prior to chief minister Punjab’s departure for Brazil holds great significance. The CM said on the occasion that Punjab possesses immense potential for investment. She added that for the first time, “Zero Time to Start Policy” has been introduced in Punjab, aimed at providing complete facilitation to investors. She highlighted that Punjab is currently going through one of the best phases in terms of investment opportunities. CM Maryam meets CG: China’s largest textile enterprises to invest $150m in Punjab The chief minister underscored that Punjab’s industrial zones and industrial parks offer excellent potential for investment. She revealed that investors will also be provided with tax holidays and import duty relief. She noted that infrastructure, IT sector and medical tourism fields present lucrative opportunities for foreign investment. She added that following her last year’s visit to China, Punjab government has introduced innovation in medical and other sectors. She highlighted that real estate and infrastructure sectors in Punjab can yield swift profitable returns, adding that Ravi Urban Development Authority (RUDA) project will serve as a role model of infrastructure development in the province. She underscored that for the first time, more than 100,000 houses have been constructed by setting a new record within a short span of ten months. She said that with the growth of tourism sector, a rising demand occurs for the construction of more quality hotels to facilitate tourists across Punjab. The CM disclosed that for the first time, glass train and high-speed trains are being introduced in Punjab, and noted that a vast area has also been allocated for the establishment of Punjab’s largest medical district. She emphasized that business processes in Punjab have been fully switched over to online system, adding that no files or papers are required to launch any business, and investors can apply easily and start their business instantly. During the meeting, senior officials from various Chinese companies introduced themselves to Chief Minister Maryam Nawaz Sharif and expressed their keen interest in making investments in multiple sectors in Punjab. The Chinese delegation also expressed gratitude to the chief minister Punjab for warmly welcoming them and extending them a gracious hospitality. Copyright Business Recorder, 2025
