Pak-China Investment Co vows to provide financing

MD says company will assist in finding Chinese partners for joint ventures

RAWALPINDI: Pak-China Investment Company Limited (PCICL) Managing Director Li Peng said on Wednesday that China was keen to strengthen trade ties with Pakistan.



Visiting Rawalpindi Chamber of Commerce and Industry (RCCI) along with a three-member delegation, Li said PCICL would provide different services including financing facility for different sectors, especially manufacturing and services.

The company would also provide assistance in finding partners for joint ventures with Chinese counterparts, he added.

Peng said his company would soon sign a memorandum of understanding (MoU) with the RCCI which would provide significant business opportunities to Pakistani businessmen and play a pivotal role in further strengthening relations between the two countries by providing a diverse array of individual, SME, commercial, corporate, advisory and investment services.


The managing director also gave an overview of the company, saying PCICL was a development financial institution (DFI) formed as part of the initiatives taken by the governments of Pakistan and China for promotion of trade, investment and economic growth in Pakistan.

Published in The Express Tribune, November 16^th, 2017.

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