Oct 01, 2019 | By PIEDMC

CHINESE COMPANY TO SETUP CERAMIC UNIT

Chinese company has begun construction on a ceramics factory on 37 acres of land with an investment of $70 million in Bhalwal Industrial Estate near Sargodha.

The unit, being constructed by the Oral Ceramics, is expected to begin operations by March 2020.

Punjab Industrial Estates (PIE) Chairman Nabeel Hashmi said the PIE has fetched its first direct foreign investment, which is very encouraging.

PIE has developed and currently manages Bhalwal Industrial Estate and eight other industrial parks across Punjab.

The completion of the project will help reduce import of ceramic tiles and other products and generate employment opportunities in the area, Hashmi said.

The federal government recently upgraded Bhalwal Industrial Estate and two other estates in Rahim Yar Khan and Lahore to special economic zones.—Staff Reporter

To view the same news on different Newspaper, Click on following links:

  1. Dawn News
  2. Business Recorder
  3. Pakistan Today
  4. The Business
  5. Custom Today
  6. Lahore Mirror
  7. Urdu Point
  8. Dunya News
  9. Jang
  10. Daily Khabrain
  11. Jahan Pakistan
  12. Jurat

To view all news, click here.

Feb 03, 2022

Press Release 03-02-2022

Chief Executive Officer Punjab Industrial Estates Development and M...

Jan 18, 2022

Press Release 18-01-2022

Provincial Minister for Industry and Commerce Mian Aslam Iqbal visi...

Dec 09, 2021

Press Release 09-12-2021

A meeting was held in the Civil Secretariat under the chairmanship ...

Application For Industrial & Commercial Land

Copyright © 2022 Punjab Industrial Estates Development and Management CompanyPIEDMC. All Rights Reserved. Developed by Tech Andaz

×