Chinese firm Zhengbang to invest Rs. 800 million in the Agri sector


Source: inp.net.pk inp.net.pk

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Chinese firm Zhengbang to invest Rs. 800 million in the Agri sector March 8, 2021 ISLAMABAD, March 8 (INP): After the launch of China Pakistan Economic Corridor (CPEC)’s first Rashakai SEZ, colonization of the second CPEC Allama Iqbal Industrial City (AIIC) Faisalabad begins with planned Rs.53.6 b Investment. Gwadar Pro quoting Board of Investment (BOI) on Monday stated that AIIC SEZ Committee accorded “approval to 15 applicants and allotted land of 320 acres”. The applicants include a Chinese Firm Zhengbang Agriculture Pakistan Private Limited with a plan Rs. 800 million investment in the agri sector. Amongst the other 14 local...