LAHORE: Two leading Chinese firms — Shenzhen Sea Energy Power Holding Company and Zhihyuzun Group — have advanced major investment proposals in Punjab following a meeting with Provincial Minister for Industries, Commerce, Investment and Skill Development (ICI&SD) Chaudhry Shafay Hussain, opening new avenues in textile manufacturing, auto-parts production and intercity transport.
Shenzhen Sea Energy Power Holding Company formally sought approval to establish industrial units on 250 acres in the Quaid-e-Azam Business Park, Sheikhupura, making it one of the largest investment proposals submitted to the park this year.
Zhihyuzun Group, meanwhile, announced a two-phase intercity bus initiative, with plans to deploy 120 new buses in the first phase and 300 in the second. Officials added that upon successful operations, the company intends to shift its bus manufacturing plant to Punjab — a move that could position the province as a major hub for bus assembly and modern transport solutions.
Government estimates indicate the combined investments of both companies will generate more than 21,000 jobs across manufacturing, logistics and services.
Minister Shafay Hussain said the developments reflect growing confidence among global investors, adding that Punjab’s Special Economic Zones (SEZs) offer attractive incentives that make the province a “first priority” for companies seeking industrial expansion in Pakistan.
Punjab is actively boosting foreign direct investment by expanding SEZs, offering streamlined approvals, infrastructure-ready plots and fiscal benefits.
Situated along the M-2 Lahore–Islamabad Motorway, the Quaid-e-Azam Business Park is rapidly emerging as a leading industrial hub for textiles, engineering goods and export-oriented manufacturing.
