Chinese Investor to Invest $1.5 Billion in 300-Acre Industrial Park in Punjab, Creating Thousands of Jobs

A Chinese investor group has signed a significant agreement with the Punjab government to develop a 300-acre industrial park in the province, according to a statement from the Punjab Industries, Commerce, Investment & Skills Development (ICISD) Department. Sino Pak Tech Industry (Pvt) Ltd will invest $1.5 billion in foreign direct investment to establish the new industrial zone, which is expected to host manufacturing units across textiles, automotive, pharmaceuticals, and other sectors. The project is anticipated to generate thousands of jobs as production scales up, contributing to the province’s economic growth.

Provincial Minister for Industries and Commerce Chaudhry Shafay Hussain emphasized that the Punjab government is offering full facilitation to foreign investors, describing the new investment as a step toward a “fresh era of employment and industrial development” in the province. The statement also noted that Punjab’s Special Economic Zones are being upgraded with international-standard infrastructure. Under the Faisalabad Industrial Estate Development and Management Company (FIEDMC), additional facilities, including community centers and banking services, are being established to support incoming investors.

Sino Pak Tech Industry (Pvt) Ltd is part of a wider network of Sino-Pak industrial cooperation companies focused on expanding Chinese manufacturing and technology partnerships in Pakistan. Associated entities, including SINOPAK Electromechanica (Pvt.) Limited, provide comprehensive services for Chinese enterprises operating in the country, covering procurement, logistics, customs clearance, inland transportation, installation, and after-sales support for industrial machinery. The initiative reflects a growing trend of foreign investment in Pakistan’s industrial sector, strengthening bilateral economic ties and promoting technology transfer.