Major Chinese conglomerates keen on investing in Pakistan

During the recent visit of Prime Minister and other federal ministers to China, there have been major developments regarding attracting Chinese investments in the Pakistani market.

Federal Minister for Investment Board, Communications and Privatisation Abdul Aleem has held very significant meetings with business giants of China to attract investments in different sectors in Pakistan. The Minister held an important session in Beijing with China’s 60-year-old CZK Huarui Group. During the meeting it was decided that the Chinese group will invest in Pakistan in artificial intelligence, science and technology, modern agriculture, healthcare, logistics, infrastructure while expertise will be made in supply chain market sectors. It was also on the main agenda to enhance E Commerce in Pakistan through cooperation of China which is the dire need of the hour.

Chinese group Chairman Liu Yafie, General Manager Sophia Lee, Davi Dong, Chen Wenlong and Shi Jie assured the Pakistani delegation that their group will play a major role in increasing import and export goods in Pakistan, besides bilateral collaboration in Industry Academia Research and Asset Management will also be focused.

The federal minister also held an important meeting with theTangshan Donghua Iron and Steel Group from Beijing, and discussed investment opportunities in various sectors in Pakistan.

Pakistan Steel Mills and field of iron came under discussion in this meeting. Senior Advisor to Chairman Donghua Group Luo Shu briefed Federal Minister Abdul Aleem Khan on the possibilities of investment in Pakistan by her organisation and discussed bilateral trade issues.

The federal minister assured the Chinese authorities of providing a favourable and congenial business environment in Pakistan.