Chinese firms keen to invest in Pakistan

Bilal Saeed, Saba Qamar summoned in court

Bilal Saeed, Saba Qamar summoned in court

A delegation of 10 leading Chinese companies undertaking business ventures in critical sectors including energy, communication, agriculture, science and technology, financial sector and industry called on Prime Minister Imran Khan today to discuss investment and joint ventures in the country.

The Chinese investors thanked Prime Minister Imran Khan for his personal interest in facilitating Chinese investors and business community in Pakistan, said a press release issued by the government.

The participants expressed satisfaction over business-friendly policies of the present government especially in improving ease of doing business. They reaffirmed commitment to further expand their investments and explore more business opportunities in various sectors of the economy.

“Various reforms introduced at policy and implementation level have enhanced confidence of the Chinese business community and Pakistan is being looked as a major partner in development in the post COVID-19 environment”, stated the Chinese Ambassador who was also present at the meeting.

The Prime Minister while welcoming the representatives of leading Chinese companies stated that Pakistan accords great importance to strengthening its relations with China. The Prime Minister reiterated that Pakistan and China have shared destiny. He said that strengthening of business to business ties of the people of the two countries is a foremost priority, the press release added.

The Prime Minister assured the Chinese investors that his government will accord highest priority to provision of every possible facilitation to the Chinese investors. The Prime Minister asked the Chinese business houses to establish their regional offices in Pakistan.

China Three Gorges South Asia Investment Company Ltd, China Railway Group Limited, Industrial and Commercial Bank of China, China Machinery Engineering Corporation and China Mobile Pakistan Limited.Chinese Ambassador to Pakistan Mr. Yao Jing and Mr. Javed Afridi, CEO Haier were also present. Minister for Communication Murad Saeed, Minister for Industries Muhammad Hammad Azhar, Planning Minister Asad Umar, Finance Advisor Dr. Abdul Hafeez Sheikh, Commerce Advisor Abdur Razaq Dawood, Chairman Board of Investment Atif R. Bokhari, Chairman CPEC Authority Lt Gen (R) Asim Saleem Bajwa also attended the meeting.

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