{"id":73529,"date":"2021-01-18T18:04:07","date_gmt":"2021-01-18T13:04:07","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=73529"},"modified":"2021-01-18T18:04:12","modified_gmt":"2021-01-18T13:04:12","slug":"chinese-company-establish-steel-plant-rashakai-sez","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/chinese-company-establish-steel-plant-rashakai-sez.html","title":{"rendered":"Chinese company to establish steel plant in Rashakai SEZ"},"content":{"rendered":"\n<p>Lahore: A Chinese conglomerate has announced its decision to establish a steel plant at the Rashakai Special Economic Zone (SEZ) after the government allocated nearly 40 acres of land in the zone to the company, a news source reported on January 15.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/work-rashakai-economic-zone-goes-full-swing.html\" target=\"_blank\" rel=\"noreferrer noopener\">Work on Rashakai Economic Zone goes into full swing<\/a><\/p>\n\n\n\n<p>According to details, the SEZ Committee on Rashakai Special Economic Zone allocated the said chunk of land to Century Steel (Pvt) Ltd; owned by Chinese conglomerate Fuzhou Julitaihe International Company which is engaged in the manufacturing and sale of iron and steel products internationally.<\/p>\n\n\n\n<p>The conglomerate operates steel mills in Indonesia, Myanmar, Cambodia and Ethiopia with a combined capacity of nearly three billion tons of iron and steel products.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/pm-inaugurate-rashakai-sez-nov-21-na-speaker.html\" target=\"_blank\" rel=\"noreferrer noopener\">PM to inaugurate Rashakai SEZ on Nov 21: NA Speaker<\/a><\/p>\n\n\n\n<p>The conglomerate will invest USD 50 million in the project. It is the first zone enterprise from China to have received approval from among a large number of applicants.<\/p>\n\n\n\n<p>Rashakai SEZ also comes under CPEC and it is the first industrial cooperation project between Pakistan and China.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: A Chinese conglomerate has announced its decision to establish a steel plant at the Rashakai Special Economic Zone (SEZ) after the government allocated nearly 40 acres of land in the zone to the company, a news source reported on January 15. Read: Work on Rashakai Economic Zone goes into full swing According to details, the SEZ Committee on Rashakai Special Economic Zone allocated the said chunk of land to Century Steel (Pvt) Ltd; owned by Chinese conglomerate Fuzhou Julitaihe International Company which is engaged in the manufacturing and sale of iron and steel products internationally. The conglomerate operates steel mills in Indonesia, Myanmar, Cambodia and Ethiopia with a combined capacity of nearly three billion tons of iron and steel products. Read: PM to inaugurate Rashakai SEZ on Nov 21: NA Speaker The conglomerate will invest USD 50 million in the project. It is the first zone enterprise from China to have received approval from among a large number of applicants. Rashakai SEZ also comes under CPEC and it is the first industrial cooperation project between Pakistan and China.<\/p>\n","protected":false},"author":57,"featured_media":62304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[44964,3886,31164],"persona":[],"class_list":{"0":"post-73529","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-chinese-company-to-establish-steel-plant-in-rashakai-sez","9":"tag-cpec","10":"tag-rashakai-sez","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chinese company to establish steel plant in Rashakai SEZ - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: A Chinese conglomerate has announced its decision to establish a steel plant at the Rashakai Special Economic Zone (SEZ) after the government allocated nearly 40 acres of land in the zone to the company, a news source reported on January 15.\" \/>\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\/chinese-company-establish-steel-plant-rashakai-sez.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese company to establish steel plant in Rashakai SEZ - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: A Chinese conglomerate has announced its decision to establish a steel plant at the Rashakai Special Economic Zone (SEZ) after the government allocated nearly 40 acres of land in the zone to the company, a news source reported on January 15.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/chinese-company-establish-steel-plant-rashakai-sez.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-18T13:04:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-18T13:04:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/05e833d3-e259-46f2-b50c-47d17109b2fc-845x475-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Farhad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Farhad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Chinese company to establish steel plant in Rashakai SEZ - Zameen News","description":"Lahore: A Chinese conglomerate has announced its decision to establish a steel plant at the Rashakai Special Economic Zone (SEZ) after the government allocated nearly 40 acres of land in the zone to the company, a news source reported on January 15.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/chinese-company-establish-steel-plant-rashakai-sez.html","og_locale":"en_US","og_type":"article","og_title":"Chinese company to establish steel plant in Rashakai SEZ - Zameen News","og_description":"Lahore: A Chinese conglomerate has announced its decision to establish a steel plant at the Rashakai Special Economic Zone (SEZ) after the government allocated nearly 40 acres of land in the zone to the company, a news source reported on January 15.","og_url":"https:\/\/www.zameen.com\/news\/chinese-company-establish-steel-plant-rashakai-sez.html","og_site_name":"Pakistan Real Estate News &amp; 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