CPEC: Govt urged to address private sector's concerns

'Chinese companies are interested in joint ventures, investments in Pakistan's textile, steel and agriculture sectors'


Our Correspondent February 10, 2018
Gwadar ,PHOTO:REUTERS

ISLAMABAD: Punjab Governor Malik Muhammad Rafique Rajwana urged the federal government to address genuine concerns of the private sector on China-Pakistan Economic Corridor (CPEC) projects to allow the local industry to thrive as well.

While addressing the business community at the Islamabad Chamber of Commerce and Industry (ICCI), Rajwana said he had discussed the business community's concerns regarding CPEC with the Chinese ambassador to Pakistan. He said that Chinese companies are interested in joint ventures and investments in Pakistan's textile, steel and agriculture sectors.

Terming the business community as the backbone of the economy, Rajwana advised ICCI to send a written proposal to the prime minister and Punjab's chief minister for the establishment of a new industrial zone for the business communities. He said businessmen were making useful contribution to tax revenue and stressed that tax authorities should take measures to reduce trust deficit.

Published in The Express Tribune, February 10th, 2018.

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