{"id":42348,"date":"2018-09-21T10:18:44","date_gmt":"2018-09-21T05:18:44","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=42348"},"modified":"2018-09-19T18:06:10","modified_gmt":"2018-09-19T13:06:10","slug":"punjab-signs-mou-with-chinese-firm-worth-usd-20mn","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/punjab-signs-mou-with-chinese-firm-worth-usd-20mn.html","title":{"rendered":"Punjab signs MoU with Chinese firm worth USD 20mn"},"content":{"rendered":"<p>Lahore: A USD 20 million MoU was signed between The Punjab Board of Investment and Trade (PBIT) and Norinco Group, a Chinese firm for the establishment of a manufacturing unit near Faisalabad Industrial Estate, according to a news source.<\/p>\n<p>Norinco is a company which has been present in Pakistan since 1971 and is a Fortune 500 company owned by the Chinese Government. PBIT expressed its support for the group by stating it would facilitate Norinco Group in the promotion of communication, coordination, and optimal utilisation of resources. This MoU will also allow Norinco to get PBIT\u2019s help in acquiring over 50 acres of land close to the existing industrial hub.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: A USD 20 million MoU was signed between The Punjab Board of Investment and Trade (PBIT) and Norinco Group, a Chinese firm for the establishment of a manufacturing unit near Faisalabad Industrial Estate, according to a news source. Norinco is a company which has been present in Pakistan since 1971 and is a Fortune 500 company owned by the Chinese Government. PBIT expressed its support for the group by stating it would facilitate Norinco Group in the promotion of communication, coordination, and optimal utilisation of resources. This MoU will also allow Norinco to get PBIT\u2019s help in acquiring over 50 acres of land close to the existing industrial hub.<\/p>\n","protected":false},"author":58,"featured_media":22467,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[8250,8249,4940,8252,8251],"persona":[],"class_list":{"0":"post-42348","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-chinese-firm","8":"tag-industrial-site","9":"tag-mou","10":"tag-norinco","11":"tag-pbit"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Punjab signs MoU with Chinese firm worth USD 20mn - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: A USD 20 million MoU was signed between The Punjab Board of Investment and Trade (PBIT) and Norinco Group, a Chinese firm for the establishment of\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/punjab-signs-mou-with-chinese-firm-worth-usd-20mn.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Punjab signs MoU with Chinese firm worth USD 20mn - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: A USD 20 million MoU was signed between The Punjab Board of Investment and Trade (PBIT) and Norinco Group, a Chinese firm for the establishment of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/punjab-signs-mou-with-chinese-firm-worth-usd-20mn.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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