A delegation of Meishang International Group Investment Holding Limited of China has showed interest in investing in the construction of low-cost houses for low-income families adding that they want to construct two lakh such houses in Punjab. Talking on the occasion, the chief minister welcomed Chinese investors’ interest and assured to provide every possible facility.
The delegation was led by its Chairman Prof. Guo Rongzong called on the Chief Minister Punjab Sardar Usman Buzdar here at CM Office on Friday. The delegation expressed keen interest in investment in housing sector of Punjab. CM said that vast opportunities of investment are available and added that foreign investment will be fully protected in the province. He directed the line departments to submit comprehensive recommendations after analyzing the proposal and future roadmap should be prepared at the earliest. He said that the PTI government has launched Naya Pakistan Housing programme and work is being done speedily.
He informed that construction of high-rise buildings has been allowed by the Punjab government and hoped that this would boost economic activities. Director and Overseas Project President Michael Tu, Overseas Project Manager Sean Crawford and Secretary Samuel Li were included in the delegation. Provincial Housing Minister Mian Mahmood ur Rasheed, Chairman PBIT Sardar Tanvir Ilyas, Chief Secretary, secretaries of housing, P&D and industries departments, CEO PBIT, Secretary Taskforce Atif Mayo and others were also present on the occasion.