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Chinese company to invest, set up new industrial unit in Punjab--China Economic Net

by Shafqat Ali Lahore, Jan. 6 (Gwadar Pro) - Chinese Company Oreal Ceramics has shown interest in investing in the tiles industry in Bhalwal Industrial Estate and has sought 50-acre land to set up a new industrial unit, said an official statement issued here on Tuesday evening. The investment can increase the production capacity if additional supply of electricity and gas is provided, said the statement. Representative of Chinese Company Oreal Ceramics Wo Jianbin called on Punjab Provincial Minister for Industries and Trade Mian Aslam Iqbal and discussed matters relating to investment. Director Punjab Board of Investment and Trade (PBIT) Suhail Saleem was also present.

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