Federal Minister for Commerce Syed Naveed Qamar assured all-out support to a Chinese company looking to invest in Pakistan.
According to the Ministry of Commerce, a Chinese business delegation led by Mr. Hou Jianxin, Chairman Shandong Xinxu Group Corp.
Mr. Hou Jianxin told the Minister that in line with the decision of the government of Shandong province to shift Chinese industry to Pakistan, he came up with the vision to build an industrial park in Pakistan, according to Gwadar Pro.
The Industrial Park will serve as a focal point for all the industrial requirements of Pakistan from China and vice versa, he said.
The Chairman said that projects like solar panels assembly plant, metal refining plants, fertilizer production plant, food processing plants (dry milk production, seafood processing, meat processing) etc. are being considered for future investment.
Syed Naveed Qamar appreciated decision of the Shandong government to shift its industry to Pakistan, which, he said, will not only save our foreign reserves but will also create job opportunities.
