Pakistan invited as guest of honor in China

Peshawer: PM Imran khan’s visit to China in November is expected to bring huge investments for Pakistan. The PM will attend a Conference of the members of Belt and Road Initiative where Pakistan has been invited as a guest of honor. In Addition to that PM will also visit the China International Import Expo and of meet with CEOs of big corporations. He will offer them the opportunity to invest in Pakistan. Over 150,000 purchasing agents have registered for the Expo.

The Chief Executive Officer, Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC), Saeed Ahmed commented that SEZs development is the center point of CPEC agreement and will become part of the Industrial Framework Agreement to be signed during the PM’s visit to China. China and Pakistan have agreed to establish several SEZs across Pakistan. Rashakai  SEZ is in the advance stages of development. The senior official informed that an agreement between Khyber Pakhtunkwa Economic Zones Development and Management Company and China Road and Bridge Corporation to develop 1000 acres SEZ has been signed. The project is expected to get SEZ status from Board of Investment shortly. Launching of SEZs is expected to bring thousands of jobs and millions of dollars’ worth of investment in the province.