The economic zone is located in Lahore, the capital of Pakistan ’s Punjab province. Lahore is the second largest city in Pakistan and a well-known Pakistani industrial center. Punjab is the center of Pakistan ’s economic development. Its political, economic, and living environment are safe and stable. The GDP growth rate in recent years has averaged over 8%.
The planned area of the first zone of the economic zone is 330,000 square meters, and that of the second zone is 20,000 square kilometers. The leading industries are home appliances, automobiles, textiles, building materials, and chemicals. The economic zone will be expanded on the basis of the existing Pakistan Haier Industrial Park. Haier Group and Pakistan RUBA Group will build a joint venture with a ratio of 55:45. Both parties contribute in cash to jointly purchase land and carry out park construction.
The "Pakistan Haier-Ruba Economic Zone" is the first "China's Overseas Economic and Trade Cooperation Zone" approved by the Chinese Ministry of Commerce and the "Pakistan-China Special Economic Zone" approved by the Pakistani government. On November 26, 2006, Chinese President Hu Jintao and Pakistani Prime Minister Aziz, who were visiting Lahore, the capital of Punjab, Pakistan, jointly unveiled the Pakistan-China Economic and Trade Cooperation Zone and the Haier-Ruba Economic Zone.
The economic zone is located in Lahore, the capital of Pakistan ’s Punjab province. Lahore is the second largest city in Pakistan and a well-known Pakistani industrial center. Punjab is the center of Pakistan ’s economic development. Its political, economic, and living environment are safe and stable. The GDP growth rate in recent years has averaged over 8%.
The planned area of the first zone of the economic zone is 330,000 square meters, and that of the second zone is 20,000 square kilometers. The leading industries are home appliances, automobiles, textiles, building materials, and chemicals. The economic zone will be expanded on the basis of the existing Pakistan Haier Industrial Park. Haier Group and Pakistan RUBA Group will build a joint venture with a ratio of 55:45. Both parties contribute in cash to jointly purchase land and carry out park construction.
All Comments