Chinese investment brings about prosperity: CM Punjab

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Chinese investment brings about prosperity: CM Punjab

LAHORE (APP): Punjab Chief Minister Muhammad Shehbaz Sharif on Thursday said Chinese investment would create new employment opportunities for low-income people.

"The investment in construction of low cost houses will help provide cheap residential facilities to people with limited resources," he added.

He stated this while talking to a delegation of Chinese investors led by Ren Zhineng at Chief Minister's house.

During the meeting, the two sides discussed the project of construction of houses for the low-income families in Lahore, Faisalabad and Sialkot.

The chief minister said, China-Pakistan Economic Corridor (CPEC) was playing pivotal role for investment in the country besides enhancing investment volume.

He said a number of Chinese investors were benefiting from vast investment opportunities in Pakistan especially Punjab in different sectors.

He said the CPEC had opened new chapters of Pak-China friendship.

Speaking on the occasion, head of Chinese delegation Ren Zhineng applauded services of Chief Minister Shehbaz Sharif for the development of Punjab province.

He evinced his group's keen interest in making investment in the housing sector in Punjab.