ISLAMABAD – A Chinese investor has worked out a comprehensive plan toinvest as much as $600 million in Pakistan, one of the investors told APP.

While exclusively speaking with the state-run news agency, the ChiefOperating Officer (COO) of Timesaco said that the company intends to offerservices in five critical sectors in six big cities of the country.

Donald Li told APP that their company is going to start with an initialinvestment of at least $20 million, with prospects of $600 million. Theyintend to offer services in transportation, cargo, bank transactions, andadvertising.

He said,

We will provide a rapid services platform to citizens by launching fivespecial services including the Buraq Taxi Service, Heavy Cargo Delivery,Orders’ Delivery, Moving Automated Teller Machines (ATM) and vehicleadvertisement facilities under the Umbrella of Timesaco.

He added that these services would initially be launched in six majorcities, including Karachi, Lahore, Faisalabad, Islamabad, Rawalpindi, andPeshawar. With time, the services would be extended to other cities as well.