Foreign investors eye Bhalwal Estate
LAHORE: Chairman Punjab Industrial Estates Development and Management Company Rizwan Khalid Butt said Chinese and overseas Pakistanis' investors were rating Bhalwal Industrial Estate high for investment because of its short distance from motorway, a statement said on Friday.
“This site is situated in the middle of Lahore-Islamabad motorway therefore local and foreign investors were showing extraordinary interest,” Butt added. In addition, two different investors from the US and UAE respectively are planning a plastic factory and a pharmaceutical unit in near future.
Moreover, Butt informed the potential investors that the Board of Investment (BOI) Pakistan was set to declare the status of Special Economic Zone for Bhalwal Industrial Estate. PIEDMC is in process of inviting bids for a grid station at the estate. He hoped that these two steps would attract more investors in future. So far 100 industrial plots have been sold at Bhalwal Industrial Estate.
-
Japan: PM Takaichi Flags China ‘Coercion,’ Pledges Defence Security Overhaul -
Angorie Rice Spills The Beans On Major Details From Season 2 Of ' The Last Thing He Told Me' -
Questions Raised Over Andrew Mountbatten-Windsor's Line Of Succession -
'Shameless' Sarah Ferguson 'pressuring' Princess Eugenie, Beatrice For Major Reason -
Teacher Arrested After Confessing To Cocaine Use During Classes -
Paul McCartney Talks 'very Emotional' Footage Of Late Wife Linda In New Doc -
Princess Beatrice, Princess Eugenie's Response To Andrew's Arrest Revealed -
King Charles And Princess Anne Bestow Honours At Windsor Castle -
King Charles 'worried' As Buckingham Palace, Royal Family Facing 'biggest Crisis' -
Milo Ventimiglia Recalls First Meeting With Arielle Kebbel On The Sets Of 'Gilmore Girls' Amid New Project -
Eric Dane Infuriated After ALS Diagnosis As He Feared The Disease Would Take Him Away From His Girls -
It's A Boy! Luke Combs, Wife Nicole Welcome Third Child -
Leading Astrophysicist Shot Dead At Southern California Home -
Johnny Depp's Kind Gesture Towards Late 'Grey's Anatomy' Actor Eric Dane Before Death Laid Bare -
How Princess Eugenie, Beatrice React To Andrew Arrest? -
Kylie Jenner 'convinced' Gwyneth Paltrow Is 'crushing' On Timothee Chalamet: 'It's Disrespectful'