CM Maryam invites Chinese tech companies to invest in Punjab

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif, on the 6th day of her 8-day long visit to China, invited Chinese technology companies to invest in Punjab as she chaired a roundtable investment conference in Guangzhou. 

Chinese technology companies responded enthusiastically to her invitation and expressed keen interest for investments in Punjab as she vowed to facilitate them through a one-window operation. 

The conference was attended by officials of more than 60 prominent companies from China and Hong Kong. The chief minister also announced the establishment of a working group, the appointment of a focal person and the establishment of a help desk during the conference.

Representatives of leading Chinese companies gave detailed presentations on their institutions to Maryam as she reviewed various suggestions and recommendations for the promotion of Pak-China free trade.

Maryam termed Punjab a "land of opportunity" for the Chinese companies and thanked them for participating in the investment conference as she gave them a detailed briefing on the economic, geographical and business importance of the province.

Representatives of the Chinese companies appreciated the vision of the chief minister, and lauded her for launching the no-plastic campaign in Punjab.

Maryam added that, "Focus is being given to windmills, solar energy and renewable energy sources to obtain cheap electricity".

"Reforms are being introduced in the industry to improve the ecosystem" she said as solar energy demand is increasing continuously in Punjab and to overcome these needs, a mega solarisation project has been launched for the province.

Maryam said the collaboration of Chinese companies in the solarisation project is welcomed.

"Response of the Chinese investors to promote Pak-China relations is encouraging," she said.