New MoUs Signed as 25 Chinese Companies Companies Explore Investment in Pakistan

At a recent business roundtable in Beijing’s Chaoyang District, 25 major Chinese investment companies expressed strong interest in investing in Pakistan across various sectors such as agriculture, automotive, pharmaceuticals, medical technology, logistics, and electrical appliances. The event, chaired by Pakistan’s Federal Minister for Board of Investment, Privatization & Communications, Abdul Aleem Khan, was hosted at the Pakistani Embassy in China and included key figures like Hong Kong business group leader Anna Su and Pakistan’s Ambassador to China, Khalil Hashmi. Several Memorandums of Understanding (MoUs) were signed, covering areas such as textile technology, agriculture, and animal husbandry, with an emphasis on fostering deeper cooperation between China and Pakistan.

In his address, Minister Aleem Khan highlighted Pakistan’s young, dynamic workforce, noting that 70% of its population is under 30. He emphasized the country’s favorable investment environment, vast coal and copper reserves, and the potential for growth in agriculture and livestock. He also underscored Pakistan’s key role in China’s Belt and Road Initiative (BRI) and the China-Pakistan Economic Corridor (CPEC).
Additionally, the Chairman of China Roads and Bridges Corporation discussed potential investments in Pakistan’s Special Economic Zones and the privatization of Distribution Companies (DISCOs). Chinese officials offered mutual cooperation in the projects of Sukhar-Hyderabad Motorway M-6, Hyderabad-Karachi Motorway M-9, Karakoram Highway (KKH) Phase Two, Mansehra, Naran Kaghan, Babusar Tunnel to Karakoram Highway. Overall, the conference highlighted the growing business opportunities between China and Pakistan, with both sides eager to explore public-private partnerships and business-to-business collaborations.