Minister Ch Shafay Hussain says govt is serious in promoting electric vehicles
LAHORE - Chinese investors on Thursday expressed interest in setting up a plant of electric bikes in Punjab.
In the meeting, it was agreed to cooperate in technical education, IT sector and electric business. The Chinese investor group expressed interest in setting up a plant of electric bikes in Punjab. The government is giving 10,000 electric bikes to students of universities and colleges. Chinese investors set up a plant of electric bikes and government will provide all possible facilities.The investors in the special economic zones have special incentives and there are wide investment opportunities in the special economic zones.
The government is trying to set up a solar panels manufacturing factory in Punjab this year. Industrial estates are also being shifted to solar energy. Fast steps are needed to increase the economic cooperation between Pakistan and China, he added.
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