TIANS Group of China plans to establish manufacturing plant in Punjab

Lahore: TIANS Group of China has said the group planned to establish a manufacturing plant in the Punjab province.

A delegation of TIANS Group of China discussed investment opportunities in Punjab, here at Punjab board of Investment and Trade (PBIT) with Caretaker Provincial Minister for Industries and Commerce SM Tanveer here.

Both sides agreed to increase cooperation in the fields of energy, health and technical training.

The delegation was led by Zhang Tao, President of TIANS Group of China. He said, “Our group wants to increase its business activities in Pakistan and also to set up a manufacturing plant here.” SM Tanveer maintained that TIANS Group should set up factories in Special Economic Zones (SEZs), assuring that government would cooperate in every possible way.

He contended that the TIANS Group could also enter into the joint ventures with Pakistani companies, for this government would provide all possible facilities.

He said that there were investment opportunities in the production of electric vehicles in Punjab.

PBIT CEO Jalal Hasan Khan gave a detailed briefing about the investment opportunities for Chinese companies in Punjab. He said that 13 SEZs had been established in Punjab while six more were in the pipeline, all other foreign investors including Chinese were being provided with best security and other facilities.

The delegation included Wang Fei, Walton Wang, Miss Vicky Gao and others from TIANS Group.