A Chinese company plans to invest $8 million in Punjab to establish a food processing business with potential for future expansion, according to the Punjab Board of Investment and Trade (PBIT). An online meeting between PBIT officials and representatives from Hi-Road Technology Co., Ltd. was held to discuss various aspects of the food processing industry in Punjab. PBIT, in collaboration with the Consulate of Pakistan in Shanghai, pledged full support to help navigate procedures and identify potential joint venture partners in Punjab. The initial setup will cover 6,000 square meters (approximately 1.5 acres) in Phase I, with plans to increase investment following successful implementation. Shanghai Hi-Road Food Technology Co., Ltd. manufactures dairy products, including plant fat creams, creamy creams, coffee plant fat creams, and chocolate plant fat creams. The company also produces jams, fragrances, etc, according to a report carried by Gwadar Pro on Friday.
The State Bank of Pakistan (SBP) announced on Monday that it had decided to cut…
The district and sessions court in Islamabad on Monday reserved its verdict on bail pleas…
At least six terrorists were killed by the security forces in two separation operations in…
Punjab Information Minister Azma Bokhari on Monday said that the provincial government had "no intentions"…
Israeli airstrikes killed at least 10 Palestinians in Gaza, with seven dead in an attack…
Supreme Court (SC) judge Justice Mansoor Ali Shah on Monday opposed transferring every case to…
Leave a Comment