Pakistan Embassy organises forum to attract Chinese investment in SEZs

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Beijing

The Embassy of Pakistan Beijing on Monday organized an investment forum and promotion conference aimed at providing a platform to the Chinese enterprises to collaborate with Pakistani companies to take advantage of investment opportunities being offered in the special economic zones in Pakistan.

The China – Pakistan pump and valve industry cross-border investment forum and China (Wenzhou) international pump and valve fair promotion conference was co-sponsored by China Council for the Promotion of International Trade Beijing Sub-council (CCPIT Beijing), China Council for the Promotion of International Trade Wenzhou Municipal Committee (CCPIT Wenzhou) and National Bank of Pakistan Representative Office Beijing.

Speaking on the occasion, Deputy Head of Mission Ahmed Farooq briefed the audience about all weather strategic cooperative partnership between Pakistan and China as well as growing trade and economic relations between the two countries.

He informed that China-Pakistan Economic Corridor (CPEC), a flagship project of Belt and Road Initiative is progressing well and has entered to industrialization phase.

He said this event has been organized as part of celebrations of the 70th anniversary of the establishment of diplomatic relations between Pakistan and China.

Ahmed Farooq also expressed the confidence that today’s event would promote business to business cooperation between the two countries and investment in the area of industrialization in Pakistan.

In his address, Commercial Counselor, Badar Uz Zaman said, Pakistan is a country of great potential and growth and with each passing day, its economy is getting better. Business, industrial sectors are thriving and booming.—APP

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