LAHORE: A group of Korean investors called on CEO PBIT Monday to sign an MOU for the establishment of a solar module fabrication facility in Punjab.
The MOU was facilitated by PBIT through every step of the process. CK Lab Co Ltd., and CK Solar Co. Ltd., are both public limited companies that want to establish a CK-Si-PV™ solar module fabrication business in Faisalabad M-3 City. The Korean delegation was led by Dr. Choi Moon-Sok, CEO of CK Lab Co. Ltd. Mr. Jin Dae-Hyun, CFO CK Lab Co., Ltd., Mr. Go Joomyeong, Vice Chairman of Head Office, KEPCO Plant Service and Engineering Co., Ltd., Mr. Jang Byung-Won, Executive Manager, and Mr. Sooba Khan, Ex-Honorary Investment Counselor of Pakistan to Korea were also in the delegation.
Ms. Amena Cheema, CEO PBIT, greeted the delegation and informed them regarding the value propositions offered by Punjab. She also briefed the delegation on opportunities and prospects offered by Punjab for establishing their manufacturing facility. She introduced them to the representative of the Faisalabad Industrial Estate Management and Development Company that will offer them developed land in Faisalabad M-3 Industrial City. Dr. Choi Moon-Sok expressed his gratitude to PBIT for providing facilitation for the acquisition of land and described their plant and technology to PBIT. He thanked PBIT for its efforts during the last few months to respond to their queries and assist them in making informed decisions. It was agreed that CK Solar will send their work plan to PBIT for facilitation and servicing. The company also desires to establish solar power generation plant in Punjab.
