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25 prominent Chinese investors eye opportunities in Pakistan’s key sectors

25 prominent Chinese investors eye opportunities in Pakistan’s key sectors

by Arshad Khan
September 28, 2024
in Economy
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Aleem Khan invited Chinese firms to relocate their industries to Pakistan, noting the conducive investment environment.

25 prominent Chinese investors eye opportunities in Pakistan’s key sectors. At a recent Business Roundtable Conference held in Beijing’s Chaoyang District, 25 major Chinese investment firms expressed strong interest in investing in Pakistan across various sectors, including agriculture, automobiles, pharmaceuticals, logistics, medical equipment, and technology.

The conference, presided over by Pakistan’s Federal Minister for Board of Investment, Privatisation, and Communications Abdul Aleem Khan, took place at the Pakistani Embassy in China.

Key figures, such as the Country Director of the Hong Kong Business Group Anna Su, Mayor of Daming County Li Shuang, and Pakistani Ambassador Khalil Hashmi, addressed the event. Several Memorandums of Understanding (MOUs) were signed, covering areas such as textile technology, agriculture, and animal husbandry.

In his address, Abdul Aleem Khan emphasized Pakistan’s demographic advantage, highlighting that 70% of its population is youth, making it the fifth-largest country globally with significant labour and consumer potential.

He underscored Pakistan’s role as a partner in China’s Belt and Road Initiative (BRI) and discussed potential bilateral investments in education, technology, and various other sectors.

He also highlighted Pakistan’s vast natural resources, including the world’s second-largest coal reserves and seventh-largest copper reserves, suggesting these could be leveraged for regional economic growth, particularly in agriculture and livestock. He invited Chinese firms to relocate their industries to Pakistan, noting the conducive investment environment.

Furthermore, Abdul Aleem Khan met with China Roads and Bridges Corporation, which expressed interest in privatising Pakistan’s DISCOs and investing in the Special Economic Zone in Karachi. The discussions also involved possible collaborations on infrastructure projects, including motorways and the Karakoram Highway.

There was also interest in engaging Pakistan’s technical institutions, with Abdul Aleem Khan highlighting opportunities for public-private partnerships and business-to-business activities between the two nations.

Tags: BeijingChinese InvestmentPakistan
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