UAE's Dhabi Group to invest Rs60 Billion in Pakistani City of Lahore

An agreement has been signed by the UAE’s Dhabi Group with Pakistan to invest Rs60 billion in a construction project called the “Mabarak Centre” in Lahore, the capital of the city of Punjab, the chief minister of the province said on Sunday.

Chief Minister of Punjab Usman Buzdar met UAE Minister for Tolerance and Coexistence Sheikh Nahyan bin Mubarak in

Dubai witnessed the signing of a memorandum of understanding (MoU) on Sunday for the construction of “Mubarak Centre,” which it has been widely reported will be the tallest building in Lahore.

“I would like to thank Sheikh Nahayan of UAE for a very warm welcome & MoU with ‘Dhabi Group’ to bring in Rs 60 Billion investment in Lahore,” Buzdar said on Twitter. “MoU signed for the construction of ‘Mabarak Centre’ which will be an iconic project with commercial, residential & entertainment facilities.”