Chinese Entrepreneurs keen to invest in Pakistan: Envoy

Chinese Entrepreneurs keen to invest in Pakistan: Envoy
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ISLAMABAD: (APP) An 11-member delegation of Chinese entrepreneurs led by Zheng Gouliang, Chairman, Shadong Jinan Bulinte Railway Company visited Islamabad Chamber of Commerce and Industry (ICCI) to explore opportunities of business collaboration , investment and joint ventures in Pakistan.

The delegation represented various sectors including railway equipment manufacturers, glass producers, seaweed industry, importers and exporters, construction, mechanical and electrical installations producers, contractors, real estate developers and construction machinery manufacturers, said a statement issued here on Wednesday by the chamber.

The delegation members said that China-Pakistan Economic Corridor (CPEC) has generated great interest among Chinese investors about Pakistan and purpose of their current visit was to explore new opportunities for investment and joint ventures in Pakistan.

Atif Ikram Sheikh, President, ICCI briefed the Chinese delegation about investment potential in various sectors of Pakistan's economy.

He identified energy, infrastructure development , construction, exploration of minerals, oil and gas, gems and jewellery, marble, poultry, pharmaceuticals, telecommunication and information technology as potential areas of investment and joint ventures for Chinese investors

.

He said the CPEC has the potential to put Pakistan into the global economic mainstream and stressed that more and more Chinese companies should explore partnerships in this historic project for its timely completion.

He assured that ICCI would offer all-out cooperation to Chinese companies who were interested in CPEC projects and would play its role to create synergies between Chinese and local companies for realizing full benefits of this flagship project.

Both sides agreed to continue direct interactions and hold more B2B meetings for further strengthening business linkages between the entrepreneurs of two countries.

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