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UAE to Invest Rs.60 Billion in Lahore

UAE to Invest Rs.60 Billion in Lahore

DUBAI: Punjab Chief Minister Usman Buzdar stated that the UAE’s Dhabi Group will spend more over Rs60 billion in a landmark building project in Lahore, creating 35,000 jobs.

After signing the Memorandum of Understanding (MoU) at the Dubai Expo 2020, Punjab Chief Minister Usman Buzdar spoke to the media alongside the UAE Minister of Tolerance and Coexistence and Commissioner-General of Expo 2020 Dubai Sheikh Nahyan bin Mubarak Al Nahyan.

The MoU was signed by officials from the Punjab government and the Dhabi Group. Usman Bazar, the Chief Minister of Punjab, said that the Abu Dhabi Group has agreed to resurrect a state-of-the-art and landmark building project that had been postponed for several years. According to Buzdar, the project is being built on Lahore’s Ferozpur Road.

Because the facility will have an effective security system, it will be able to accommodate international cricket teams once it is completed. He expressed optimism that the construction will be completed on time.

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