Pakistan seeks US 15 billion investment from China

Pakistan seeks US 15 billion investment from China

ISLAMABAD – Chinese companies have expressed their readiness to investfifteen billion dollars in Pakistan’s petrochemicals sector, according to asenior government official.

Federal Secretary Board of Investment, Fareeha Mazhar said that the Chinesecompanies would invest in the petrochemical sector in Gwadar, including theproject of energy pipeline from Gwadar to China.

Talks are underway for investment in various projects related to Chineseinvestment in Pakistan, she told APP.

She hoped that in the future, Chinese companies would bring investment inPakistan in the fields of energy, agriculture, tourism and other sectors.