Prime Minister Shehbaz Sharif on Monday assured Chinese investors to further simplify procedures for the companies working in Pakistan, especially under the umbrella of China Pakistan Economic Corridor and implement them in letter and spirit.
Addressing an award ceremony in Islamabad on Monday, the premier said he was aware that the Chinese companies faced a tough time and problems in the recent past during the tenure of the previous government.
Shehbaz Sharif said that the multibillion-dollar economic and infrastructure project between China and Pakistan, CPEC, was now entering a new era as he thanked investors for supporting the country out of the economic impasse.
“We are entering the second phase of CPEC, with a focus on green corridors, innovation, IT corridors, agriculture and Special Economic Zones,” he said. He also lauded the Chinese companies’ role and their hard work in the development of Pakistan.
The PM conferred awards upon prominent Chinese companies for their valuable services in fostering CPEC and other developmental projects in Pakistan.
Addressing the ceremony, the prime minister said Chinese investment changed the entire economic landscape of Pakistan. He said the Chinese companies made more than $30 billion in investment in different development projects in Pakistan, which is highly commendable.
He said it is a moment of great pleasure for him to meet Chinese companies’ representatives, who contributed immensely towards Pakistan’s industrial promotion in various walks of life.
