Pakistani and Chinese authorities joined hands for sustainable development and economic prosperity at a ceremony held at the headquarters of China Machinery Engineering Corporation (CMEC), high-level discussions unfolded between key stakeholders, including representatives from the Ravi Urban Development Authority (RUDA) and the Punjab Central Business District Authority.
Both sides agreed to commitment to enhance collaboration through the exchange of detailed project information for long-term partnership and sustainable development initiatives.
A parallel dialogue was held for collaborative endeavors at the Oriental Youhong headquarters.
Representatives from RUDA and PCBDA engaged with Oriental Youhong — a leading Chinese corporation renowned for its expertise in solar panel manufacturing and construction solutions.
RUDA delegation comprised ADM CEO Yasir Malik, Pakistan China Commerce Alliance President Guo XiaoQi, Director BD IR Fatima Ali Khan, and Assistant Director PR Sana Iqbal.
Both sides discussed avenues for setting up an Electric Vehicle (EV) charging factory and upscale hotels within RUDA's jurisdiction and a manufacturing plant in RUDA's Industrial State — with a planned land requirement of 40 acres.
Additionally, proposals for prestigious 5-star hotels, with a proposed land requirement ranging from 5 to 7 acres were discussed.
The Chinese side held detailed discussions on technology transfer agreements and land acquisition slated for the next meetings.
Separately, a team of technical experts also visited the Zoomlines heavy industry complex where different types of earth-moving machinery, cranes, smog busters, sprinkler vehicles, and municipal sweepers were shown to Pakistani delegates.
