Two leading Chinese corporations Shenzhen Sea Energy Power Holding Company and Zhihyuzun Group have moved forward with major investment commitments in Punjab following high-level meetings with Provincial Minister for Industries, Commerce, Investment and Skill Development (ICI&SD) Chaudhry Shafay Hussain. The initiatives mark a significant leap in the province’s industrial expansion, opening new avenues in textiles, auto-parts manufacturing and intercity transport.
Executives from Shenzhen Sea Energy Power Holding Company formally sought approval to set up large-scale industrial units on 250 acres in Quaid-e-Azam Business Park, Sheikhupura, making it one of the most substantial investment proposals received by the park this year.
Simultaneously, Zhihyuzun Group announced an ambitious two-phase intercity transport project. The company plans to introduce 120 buses in the first phase followed by 300 buses in the second, and signaled its intention to shift a full bus manufacturing plant to Punjab upon successful rollout — a development that could transform the province into a central hub for heavy-vehicle assembly and public transport innovation.
According to government projections, the combined investments are expected to generate over 21,000 jobs across manufacturing, logistics and service sectors.
Shafay Hussain said the interest from Chinese companies reflects growing global investor confidence in Punjab’s economic direction. He noted that the province’s Special Economic Zones offer incentives and streamlined processes, making Punjab the “first priority” for international businesses seeking industrial expansion.
Punjab’s intensified focus on foreign direct investment through upgraded SEZs, expedited approvals and infrastructure-ready industrial plots, has bolstered the status of Quaid-e-Azam Business Park, strategically positioned along the M-2 Motorway, as a rapidly emerging industrial hub for export-driven manufacturing.
