ISLAMABAD: Federation Pakistan Chambers of Commerce and Industry (FPCCI) invited Chinese investors from different sectors of economy for investment and joint ventures in local businesses.

It is right time for Chinese investors to earn lucrative returns on their investments in Pakistan and FPCCI assures to connect Chinese investors with right partners in Pakistan for joint ventures, this was stated by  Karim Aziz Malik Chairman of FPCCI Capital Office while meeting Chinese investors delegation, said press release issued here.

Chinese investors visited FPCCI Capital Office under leadership of Zhang Yang, Director Chongjiang Federation of Investment and Commerce and Chairman of Chang Jiang Management Company. Ashfaq Ahmed Vice President and Chairman of Coordination Capital Office Malik Sohail Hussain, Tariq Sadiq, and others were present. Addressing Karim Aziz Malik said that Pakistan provides attractive incentives and liberal policies for investment in all sectors of economy for foreign and local investors.

These incentives are available in special schemes and in traditional as well as non-traditional sectors of economy which offer great opportunities to business community to invest in country and to have maximum profit on their investments, he said.

He briefed delegation that Pakistan’s top exportable items include textile made-up, cotton, knitted and non-knitted apparel, rice, pink salt, plastic articles, leather articles, automobiles, mining and gems stones, among many others. He said that most of Pakistan’s textile products are exported to Europe and America, but textile industry is hoping to boost exports to China.

He invited Chinese investors to emerging and fast-growing sector of pink salt for investment and joint venture. He informed that season of cherry is going to start in Gilgit Baltistan and many Chinese delegations have visited orchards of cherries and they have shown their keen interest in importing cherries from Pakistan.

Ashfaq Ahmed stressed the importance of interaction between business people, expansion of trade and creation of joint venture investment between both nations.

Malik Sohail Hussain briefed participants about business opportunities and investment potential in various sectors of Pakistan’s economy.

Zhang Yang said that Pakistan has made attractive policies, which provide numerous investment opportunities for Chinese investors. He said that various Chinese companies are working in various fields in Pakistan.

Published in The Daily National Courier, January, 09 2024

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