Chinese company to invest $70million in Allama Iqbal Industrial City 

UAE and Pakistan to enhance bilateral trade

Lahore: Chinese ceramic company ‘Hunan Yatai Ceramics’ has agreed to the establishment of a ceramic plant worth $70 million at the upcoming Allama Iqbal Industrial City. It is a project of Faisalabad Industrial Estate Development and Management Company (FIEDMC).

Agreement has been made between Ma Yun Wei Chairman, Hunan Yatai and Mian Muhammad Kashif Ashfaq Chairman FIEDMC. Signatures were done on behalf of their respective companies.

CEO FIEDMC Aamir Saleemi was also present on the occasion.

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