Ravi Riverfront project attracts foreign investment worth $8bn
LAHORE: Widely drawing the attention of foreign investors, the Ravi Riverfront Urban Development (RUDP) Project has attracted foreign investments worth $8 billion, informed member Ravi Urban Development Authority (RUDA), Iftikhar Ali Malik.
According to the representative, ANGCC- a global investment consortium, has eyed investment worth $5 billion on a partnership basis.
In addition, two Chinese companies including China Road and Bridging Company (CRBC) – a member company of 4C conglomerate, China, and Gezhouba Group Company Limited (CGGC) have inked Memorandum of Understandings with the RUDA, pledging to invest multi-billion dollars in the development project.
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