Pakistan has made a comprehensive plan for relocation of several Chinese industries to Pakistan. This was revealed to the Prime Minister Shehbaz Sharif by the Board of Investment (BOI) while he was presiding over a review meeting regarding the progress of the agreements and Pakistan-China cooperation.
Pakistan plans to relocate many different industries to Pakistan including Chinese textile, medical and surgical equipment as well as plastic and leather industries. During the meeting it was revealed that 78 Pakistani companies have initially expressed interest in cooperation for the transfer of Chinese industries to Pakistan.
The prime minister said that no delay will be tolerated in the implementation of memorandums of understanding on cooperation agreements with China. He added that China a long-time friend has always helped Pakistan in difficult time and the Chinese top leadership is determined to further increase investment in Pakistan.
The meeting was further informed that the plan to send 1,000 students to China at government expenses to gain modern agricultural vocational training has been completed and the first batch would be sent to China at the beginning of the academic year. The next batch will be sent to modern agricultural universities in China after learning Chinese language in Pakistan.
