Partnership Between RUDA, Punjab CBD, and Chinese Firms

Partnership Between RUDA, Punjab CBD, and Chinese Firms

Today, crucial meetings were convened between Chinese corporations and Pakistani authorities, showcasing a remarkable demonstration of bilateral cooperation. These meetings represented a substantial advancement toward achieving sustainable growth and economic prosperity.

At the China Machinery Engineering Corporation (CMEC) headquarters, prominent stakeholders, such as representatives from the Punjab Central Business District Authority (PCBDA) and the Ravi Urban Development Authority (RUDA), engaged in high-level discussions.

The discussions covered a broad range of subjects, including updates on previous endeavors, financial factors, collaborative contracts, and project developments. Both parties involved reached a consensus to improve cooperation by sharing comprehensive project information, which would facilitate the formulation of enduring alliances and sustainable development endeavors.

Anticipation has greatly increased as the visit of a delegation to Pakistan becomes a reality, pending the completion of collaborative agreements. Concurrently, a parallel dialogue took place at the Oriental Youhong headquarters, conveying a sense of eagerness for cooperative undertakings. 

HEC awards Romania master’s and doctoral scholarships.

Oriental Youhong, a prominent Chinese corporation recognized for its proficiency in solar panel manufacturing and construction solutions, was visited by representatives from RUDA and PCBDA. The focus of the discussions was on the potential for collaboration and project synergy, to utilize Oriental Youhong’s capabilities to support infrastructure initiatives in Pakistan.

A productive meeting was held during which a delegation consisting of ADM CEO Yasir Malik, Pakistan China Commerce Alliance President Guo XiaoQi, Director BD IR Fatima Ali Khan, and Assistant Director PR Sana Iqbal discussed potential locations within RUDA’s jurisdiction to establish an Electric Vehicle (EV) charging factory and upscale hotels. This further strengthened the collaboration.

Prominent aspects of the dialogues encompassed strategies for constructing an electric vehicle (EV) assembly and manufacturing facility in RUDA’s Industrial State, which was to require forty acres of land. 

Furthermore, discussions were held regarding proposals for esteemed five-star hotels, which called for land areas ranging from five to seven acres. Significant interest has been demonstrated, signifying concrete advancements in the pursuit of achieving these ambitious undertakings; subsequent meetings are planned to delve deeper into technology transfer agreements and land acquisition through in-depth discussions.

Compare listings

× Contact us