Chinese investors show interest in urban transport sector

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A Chinese delegation on Tuesday met the officials of Lahore Transport Company by showing their interest to invest in urban transport sector, particularly in projects pertaining to airport shuttle service by plying luxury buses to commute passengers from airport to hotels located at different places in city on dedicated routes, while under bus drivers training simulator project drivers of public service vehicles will be properly trained.

It was discussed in the meeting that Chinese company would make investment to bring buses as well as establish state of the art setup for Drivers Training Simulator programme. Most importantly the Chinese company will not get any subsidy from the government rather LTC will facilitate them to commence their operations and route plan will be shared accordingly.

This meeting was attended by Chinese delegation led by CEO Mr Wang Lixu Wow Solution and Mr Zhao Lei Office Manager from Fulin Transport Co. On this occasion Chief Executive Office LTC Mr Khawaja Haider Latif, Chief Financial Officer Mariam Khawir, Chief Operating Officer Zafar Qureshi, DGM Technical Abdul Qayyum and other officials were also present in the meeting.

Wang Lixu has said that his company will also share their model for induction and operation of dedicated luxury buses for Airport on specified routes; he appreciated the various initiatives of LTC for the provision of safe, affordable and efficient transport facilities. CEO LTC briefed the delegation about various initiatives of organisation and highlighted the possible benefits for potential investors.