Pakistan, China: SBI plans investment conference in Oct

Board chief meets Chinese envoy to discuss industrial cooperation


APP August 17, 2017
A view of the city skyline at dusk in Karachi. PHOTO: REUTERS

KARACHI: Chinese Consul General in Karachi Wang Yu called on Sindh Board of Investment (SBI) Chairperson Naheed Memon on Wednesday to discuss matters relating to industrial cooperation between the two countries.

The SBI chief briefed the visiting Chinese diplomat about her recent meeting with the director general of the National Development and Reforms Commission of China.

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She emphasised that both the countries had entered the phase of industrial cooperation along with infrastructure development projects under the China-Pakistan Economic Corridor (CPEC).

For strengthening industrial cooperation among investors on both ends, the SBI would organise a business investment conference on October 17 and 18.

“This conference will give leverage to industrial cooperation and boost the spirit of partnership in Pakistani and Chinese investors,” Memon reaffirmed.

During the conference, dialogue sessions would also be held among Chinese think tanks and intellectuals/experts and their Pakistani counterparts including professionals from the academia, so that maximum information on CPEC can be disseminated to the stakeholders.

The SBI chairperson said road shows would be held to project investment opportunities at the Special Economic Zones (SEZs), mainly at Dhabeji SEZ, linked to CPEC.

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The Chinese consul general acknowledged the SBI efforts for furthering the CPEC programme including bilateral industrial cooperation.

He also appreciated the SBI chief for planning the business investment conference and assured her of full cooperation.

Published in The Express Tribune, August 17th, 2017.

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