Chinese companies invited to invest in Pakistan

PM Imran Khan during his recent visit to Beijing has invited Chinese companies to benefit from the business friendly environment in Pakistan and invest in the Special Economic Zones set up by the government.

PM Imran Khan held talks with President Xi Jinping during the visit and discussed the importance of CPEC and One Belt One Road initiative. The leaders agreed to task the CPEC Joint Cooperation Committee (JCC) to strengthen cooperation across all areas including in the fields of trade, infrastructure, industrial development, agriculture modernization, scientific and technological cooperation and socioeconomic wellbeing of local people.

The two sides also highlighted the significance of Gwadar as a central pillar of CPEC and important node in regional connectivity. According to the “1 + 4” layout, the two sides agreed to jointly accelerate the construction and operation of Gwadar Port and build Gwadar low-carbon circular industry zone. They agreed to build high-quality livelihood projects for the socioeconomic development of Gwadar city and its residents.

During his visit PM Imran Khan also held important meetings with executives of Chinese State-owned and private corporate sectors. The meetings include leadership of China Communication Construction Company (CCCC), Huazhong Technology, Zhejiang Seaport Group, Challenge Apparel, Hunan Sunwalk Group, Royal Group, China Road and Bridge Corporation (CRBC), Zhengbang Group and China Machinery Engineering Corporation (CMEC).

The CCCC is a leading global construction and infrastructure development company; Huazhong Technology, specialises in integrated papermaking equipment; Zhejiang Seaport Group is one of China’s largest port operators; Challenge Fashions is a leading textile company; Hunan Sunwalk’s core business is in communications, 3D printing and construction; Royal Group is China’s largest buffalo milk producer; CRBC focuses in civil engineering and construction projects; Zhengbang Group is Jiangxi Province’s largest agricultural enterprise; and CMEC is one of Chinese top agro-industrial machinery company.