LAHORE, Oct 16: Punjab Chief Minister Pervaiz Elahi has announced provision of 500 acres of land for Chinese investors in different industrial estates of the province.

He made this announcement at a reception hosted at Nanjing, China, on Monday. “A large number of Chinese investors and members of the chief minister’s delegation were also present on the occasion,” says a handout.

Pervaiz Elahi said that the Chinese entrepreneurs who would invest $25 million in the industrial estates in the Punjab would be provided this land free of cost while the others would be given developed industrial plots at original cost. “Such plots have already been allocated for Chinese investors in the industrial estate of Faisalabad.”