A delegation from Sino Steel China visits Punjab Board of Investment and Trade

Lahore, October 09, 2015 (PPI-OT): A high profile delegation from Sino Steel, led by the Mr. Mr. Jian Wang, General Manager, along with his Manager and Assistant Manager visited the Punjab Board of Investment and Trade. The meeting was attended by the Minister for Mines and Minerals, Punjab, Mr. Sher Ali Khan, and Minister for Industries, Punjab, Chaudhry Muhammad Shafique, Chairman PBIT, CEO PBIT and other officials.

Sinosteel is a well-known metallurgical engineering company in China. The company is State Owned and listed in Shenzhen Stock Exchange. Currently, the business of Sinosteel ENTEC is composed of the sectors of metallurgy, mining, power energy, coal and coke chemical, energy saving , environmental protection as well as mechanical and electrical products trade.

The delegation was very warmly welcomed by the local participants. Speaking at the occasion Minister mines and minerals informed the delegation about the iron ore in Punjab. Chaudhry Muhammad Shafique also said that Punjab is the Investment hub of Pakistan and encouraged them.

CEO PBIT extended full support to the delegation saying that PBIT will provide all sort of assistance i.e. in acquiring land etc if they are interested in setting up their operations in Punjab. He also mentioned different projects in which opportunities are available such as Taunsa project, Mine Mouth, solid Waste project and Garbage Combustion. Opportunities in other sectors were highlighted.

Mr. Wang showed keen interest investing in the infrastructure and energy sector other than the steel. He also appreciated the efforts of the government in strengthening the Pak-China friendship. Mr. Wang also extended support of his company in getting the lab tests and feasibilities of the mines and minerals discovered in Punjab. The delegation will also meet the Chief Minister Punjab during their trip.

For more information, contact:
Punjab Board of Investment and Trade (PBIT)
23-Aikman Road, GOR-I, Lahore
Tel: +92-42-99205201-06
Fax: +92-42-99205171
Email: info@pbit.gop.pk
Website: www.pbit.gop.pk