Solar Module Fabrication Facility To Be Set Up In Faisalabad

LAHORE, (UrduPoint / Pakistan Point News - 8th August, 2016) : A group of Korean investors called on CEO Punjab board of Investment and Trade (PBIT) Amena Cheema on Monday to sign Memorandum of Understanding (MoU) for the establishment of a solar module fabrication facility in Punjab.

CK Lab Co Ltd. and CK Solar Co. Ltd. were both public limited companies that seek to establish a CK-Si-PVT solar module fabrication business in Faisalabad M-3 City. The Korean delegation included Dr.

Choi Moon-Sok, CEO of CK Lab Co. Ltd. Jin Dae-Hyun, CFO CK Lab Co., Ltd., Go Joomyeong, Vice Chairman of Head Office, KEPCO Plant Service and Engineering Co., Ltd., Jang Byung-Won, Executive Manager, and Sooba Khan, Ex-Honorary Investment Counselor of Pakistan to Korea.

The PBIT CEO briefed the delegation regarding value propositions, 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 who would propose 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. It was agreed that CK Solar would send their work plan to PBIT for facilitation and servicing. The company also desires to establish solar power generation plant in Punjab.