CEO of Chinese Tech Giant Huawei makes big offer of huge investment in Pakistan

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CEO of Chinese Tech Giant Huawei makes big offer of huge investment in Pakistan

BEIJING – Founder and CEO Chinese tech giant Huawei, Ren Zhengfei, has met with Prime Minister in Beijing.

Ren Zhengfei expressed his interest in making “heavy investment” in Pakistan, according to a statement issued by the Ministry of Planning on Sunday.

Huawei has already set up a regional service centre in Pakistan, the statement notes, adding that 600 IT professionals are presently working there, reports Dawn.

The prime minister also met with representatives of other leading Chinese firms who pledged large-scale private sector investment in Pakistan.

The CEOs of Rainbow Agritech Group, Challenge Apparel, Li &Fin Corporation, and Foton cars were among the business leaders who with the premier, according to the planning ministry handout, the newspaper added.

Board of Investment (BoI) Chairman Haroon Sharif and Advisor to PM in Commerce and Industry Abdul Razak Dawood were also present during the meetings.

The PM directed the BoI chairman to remove any hurdles faced by investors and ensure that they are facilitated on a priority basis.