CPEC to strengthen foreign investments

Nong Rong, Ambassador of China to Pakistan has called on the Federal Minister for Planning, Development and Special Initiatives, Asad Umar. The discussion was made about the bilateral relations and projects under CPEC and the upcoming Joint Cooperation Committee (JCC).  As a large number of investors of China, Pakistan, and other countries have shown interest in investing in Special Economic Zones (SEZs), this would provide maximum services to foreign investors. The work on Allama Iqbal SEZ in Faisalabad and Rashakai SEZ has been progressing smoothly. Asad Umar commented that Pakistan will welcome gladly the foreign investors of any country who want to invest in the SEZs. The PTI government would provide friendly environment to facilitate the investors. The minister also highlighted the need for joint ventures between the investors of both the countries (Pakistan and China) in these Zones. Apart from these, China should provide technical support to Pakistan for research and development of the agriculture sector.