LAHORE - A delegation comprising heads of Chinese companies and investors, led by Secretary Qingdao Committee, Communist Party of China Li Qun, met Punjab Chief Minister Muhammad Shehbaz Sharif here Thursday and expressed keen interest in the development of energy, infrastructure, transport, industrial parks and housing sectors. The delegation on the occasion agreed to further promote investment and cooperation in different sectors in Punjab.
Speaking to the delegation, the Chief Minister said that work is already underway speedily on various projects in energy, infrastructure, transport and other sectors under China Pakistan Economic Corridor, adding that the Chinese President’s vision “one belt one road” will play an important role in the development of the region including Pakistan. He welcomed further investment by Chinese investors in Punjab. “Chinese investors should benefit from vast opportunities of investment in the province,” the CM said assuring all out facilities to them. Shehbaz Sharif said that work is being carried out speedily on 1320 mw coal power plant in Sahiwal. He said that this project is being implemented with 100 percent Chinese investment and will start production in 2017. He said that during Prime Minister Muhammad Nawaz Sharif’s recent visit to China, the Chinese Prime Minister expressed willingness to transfer production technology to Pakistan. He said that this step of Chinese Prime Minister will result in development of industrial sector and creation of employment opportunities. The Chief Minister said that Pak-China economic cooperation will be taken to new heights.
Secretary Communist Party of China Qingdao Committee Li Qun said that he was deeply impressed with the pace of work on development projects in Punjab. He said that Chief Minister Shehbaz Sharif is implementing projects with determination. He termed Shehbaz Sharif Pakistan’s man of action and said, transparency and standard in the execution of development projects in Punjab is the result of extraordinary capabilities of Shehbaz Sharif. He said that cooperation with Punjab government in different sectors will be further promoted.