International companies have started showing interest in investing in the River Ravi Urban City project. After China, Turkish and Arab companies have also shown interest in investing in the project.
Private companies have submitted expressions of interest to the Ravi River Development Authority. According to sources, Turkish and Arab building companies are keen to invest in the Ravi development project in the technical, mechanical and construction sectors. Earlier, China Road and Bridging Company and Gizhoba Group Company Limited have also shown interest in investing.
Chinese companies had submitted expressions of interest for an investment of 5 billion. The Ravi Urban Development Authority will award projects to all international companies under international law.
Extracted from City42 News
