Skip to main content

CBD PUNJAB JOIN FORCES WITH CHINA MACHINERY ENGINEERING CORPORATION TO ACCELERATE DEVELOPMENT OF NAWAZ SHARIF IT CITY

   


Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), has forged a landmark agreement with the China Machinery Engineering Corporation (CMEC) to propel cooperation for the ambitious development of Pakistan's largest IT city, Nawaz Sharif IT City in Lahore, being established under the banner of CBD Punjab. 

A high-profile delegation from CBD Punjab and Ravi Urban Development Authourity (RUDA), led by COO CBD Punjab & RUDA, Brigadier (R) Mansoor Janjua, embarked on a visit to China. The primary objective of the delegation was to provide comprehensive insights into Nawaz Sharif IT City, along with shedding light on other pivotal projects undertaken by CBD Punjab. A pivotal achievement of this delegation's journey is the fruitful collaboration agreement inked between CBD Punjab and CMEC.

The agreement, sealed by Director Project Management CBD Punjab, Asif Iqbal and General Manager CMEC Wei Guang, was formalized at the headquarters of CMEC in China.  This significant event witnessed the presence of Assistant General Manager CMEC Li Minglang, Executive Director Technical CBD Punjab Riaz Hussain, Director Business Development CBD Punjab, Ali Waqar Shah, and several other senior officials from CBD Punjab and CMEC.

Director Project Management, Asif Iqbal, underscored the substantial impact of this collaboration on ongoing projects within Pakistan's premier IT hub, Nawaz Sharif IT City, and the broader CBD Punjab landscape. He emphasized the transformative potential of this partnership in charting new trajectories of growth and development across the Punjab province.

"This collaboration with China Machinery Engineering Corporation will not only fortify the ongoing projects in Nawaz Sharif IT City and CBD Punjab but also open up new vistas for development and progress," remarked Asif Iqbal, reflecting on the significance of the agreement.

This strategic partnership symbolizes a significant paradigm shift in the Sino-Pak relationship, aiming to expedite the pace of implementation on novel ventures through international investment in the region. With this milestone agreement in place, CBD Punjab and Nawaz Sharif IT City are poised to experience an unprecedented surge in growth, thereby making substantial contributions to the advancement of the Punjab province.

Comments

Post a Comment

Popular posts from this blog

CBD PUNJAB’S UPCOMING AUCTION SET TO IGNITE ECONOMIC GROWTH.

                                                                   The Punjab Central Business District Development Authority (PCBDDA), also recognized as Central Business District Punjab (CBD Punjab), is set to mark a significant milestone in the region's real estate landscape with the auction of six exclusive plots, comprising three mix-used commercial and three residential plots, scheduled for May 9, 2024. As the premium development authority of Punjab, CBD Punjab is at the forefront of transforming the urban landscape, and this auction represents a pivotal moment in Punjab’s economic evolution. The auction event will showcase the immense potential for investment and development within the CBD Punjab precinct. With this auction, CBD Punjab is proud to introduce its latest ventures: CBD Business Bay and CBD Residencia...
Post a Comment
Read more

47% of Asia Pac businesses have no emissions plan in place despite the climate emergency, reveals new report from ACCA, IFAC and PwC

            As world leaders gather for COP 28, ACCA (the Association of Chartered Accountants), IFAC (the International Federation of Accountants) and professional services firm PwC released a new report:   The  role of the CFO and finance function in the climate transition: driving value and sustainability,  based on a survey of 1,000 senior finance professionals around the world.   The research reveals 47% of respondents in the Asia Pacific region have yet to produce a plan for reducing their carbon emissions. Alarmingly, 69% of those respondents without an emissions plan say they currently have no intention of developing one. This compares with global figures of 46% of respondents who have yet to prepare an emissions plan and 70% of those say they currently have no intention of developing one.   The report also says that that involving CFOs and finance teams in the emissions reduction planning is likely to accelerate progress. ...
Post a Comment
Read more

Lahore’s Skyline Transforms with Zameen ARX Ground breaking in CBD Punjab

The Punjab Central Business District Development Authority (PCBDDA), also  known as Central Business District Punjab (CBD Punjab), has taken another significant step in reshaping urban development with the ground-breaking of Zameen ARX by Zameen Developments. This marks the second high-rise building in CBD Punjab, solidifying its reputation as a hub of modern architecture and innovation. Rising 420 feet in the heart of CBD Punjab’s Quaid District, Zameen ARX is poised to become an iconic landmark, redefining luxury living and business excellence in Lahore. Strategically situated on CBD Route 47, the project offers unmatched connectivity to key areas such as Gulberg Main Boulevard, Gaddafi Stadium, MM Alam Road, Kalma Chowk, and Walton Road. Its prime location ensures seamless integration into Lahore’s rapidly evolving urban fabric. The ground-breaking ceremony was a momentous occasion, graced by Imran Amin, CEO of CBD Punjab, alongside Zeeshan Ali Khan, CEO and Founder of Zameen.co...
Post a Comment
Read more