Chinese investors express keen interest in KP mineral sector: Envoy
Shares
PESHAWAR: (APP) Chinese investors have expressed keen interest to invest in mineral sector of Khyber Pakhtunkhwa.
An 18 member delegation, led by Chan, president of Chinese Overseas Investment Union (COIU), on Wednesday called on Secretary Minerals Development Department, Syed Abdul Jabbar Shah and other high ups of the department at civil secretariat Peshawar on Wednesday.
CEO KPBOIT, Nazeer Awan, Director Planning minerals department, Syed Bilal Khisro, DG Minerals, Fazli Wahid and other relevant were also present at the occasion.
Director Planning minerals development Syed Bilal Khisro briefed the delegation about the rich reserves of minerals besides apprising them about the attractive offers of provincial government regarding investment in the said sector.
They were told that the government was providing attractive facilities in small, medium and large scale mining for foreign investors and in this connection, a conductive environment was also available for Chinese investors to invest in Granite, Gold and other types of minerals.
The Director Planning maintained that under the CPEC Investment Plan, the provincial mineral sector was emerging on top priority and we were trying to boost the sector, in which the Chinese investors could contribute their major role.
He said we would welcomed the Chinese investors to invest in exchange of technology, direct investment, joint venture and in other possible ways.
Chinese delegates expressed keenness in Indus Gold small scale projects and other mineral titles and said a conductive atmosphere was available here for foreign investors and they would get benefits from the investment in mineral sector.
In this regard both sides was agreed to sign an MOU soon.
