China keen to establish manufacturing units in Lahore, Karachi

Also expresses interest in operating a trade office

LAHORE: Tianjin People’s Association for Friendship with Foreign Countries Vice President Chen Weiming said that Chinese investors are keen to set up manufacturing units in Lahore and Karachi.

He was speaking here at the Lahore Chamber of Commerce and Industry (LCCI). LCCI Senior Vice President Amjad Ali Jawa, former Vice President Faisal Iqbal Sheikh, Mian Zahid Javed, Tahmina Saeed Chaudhry and Rehmatullah Javed also spoke on the occasion.

Chen said that Chinese investors are also interested in opening a trade office in Karachi.  “Chinese investors are keen to develop good relations with their Pakistani counterparts.”

He also called for cooperation in education, health, sports, science and technology sectors.

LCCI Senior Vice President Amjad Ali Jawa invited Chinese businessmen to invest in Pakistan in priority sectors including oil and gas, mining, infrastructure, power (coal, hydel, gas Ba), IT and telecom, chemicals (fertilizer (urea), glass, PV & polymers).

Jawa added that because of its strategic location, Pakistan can be a more suitable destination for Chinese investments.

Published in The Express Tribune, April 19^th, 2017.

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