Chinese delegation meets KPEZDMC officials

Investors show interest in trade


Our Correspondent September 03, 2016
KPEZDMC CEO Mohsin Syed said CPEC will provide a whole range of opportunity for both countries to maximise trade activities and work towards the economic stability. PHOTO: REUTERS

PESHAWAR: A Chinese delegation met representatives from Khyber-Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) at Pearl Continental Hotel in the city on Saturday.

A press release issued stated the 35-member delegation represented investors from leading Chinese companies.

“The main purpose of their visit was to obtain first-hand information of investment prospects in K-P regarding projects that come under China-Pakistan Economic Corridor (CPEC),” the press release stated. “The investors mainly showed interest in business prospects related to trade, steel structure, infrastructure, industrial park, establishment of training institutes etc.”

During the meeting, the Chinese delegation and representatives of KPEZDMC discussed the projects that they could jointly work on.

The statement added, “The participants showed great interest in initiating fast train projects in the province, green-environment friendly industrial parks, developing industrial hubs and establishing automobile industrial units, home appliances and furniture.” Unique projects under discussion were aluminum manufacturing plants and optimisation of the existing agricultural products in the province.

On the occasion, KPEZDMC CEO Mohsin Syed said CPEC will provide a whole range of opportunity for both countries to maximise trade activities and work towards the economic stability.

Published in The Express Tribune, September 4th, 2016.

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