Huawei signs MoU to finance first cloud centre in Pakistan

Published: April 29, 2019
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Prime Minister Imran Khan was assured by prominent Chinese businessmen of ‘massive scale’ investment in the private sector.
PHOTO: APP

Prime Minister Imran Khan was assured by prominent Chinese businessmen of ‘massive scale’ investment in the private sector. PHOTO: APP

 ISLAMABAD  : Prime Minister Imran Khan was assured by prominent Chinese businessmen of ‘massive scale’ investment in the private sector.

During his recent four-day-visit to China, 14 new MoUs were signed between Islamabad and Beijing.
According to an official press release, Prime Minister Imran Khan also met with the Chief Executive of Huawei.

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The founder of the company assured that he has an extensive plan of making a huge investment in Pakistan. “The company has already set up a regional service centre with over 600 IT professionals enrolled,” he said.

MoUs were signed for financing the setting up of the first cloud centre in Pakistan and for co-operation between Huawei and Airlink Communication in the media industry.

The premier also met with the Chief Executive officers of Rainbow Agritech Group, Challenge Apparel, Lee and Fin Corporation and Photo Corns.

Imran on the occasion shared that he wants every impediment in the way of investment to be eradicated promptly.

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Flanked by Adviser to the PM on Commerce and Textile Abdul Razzaq Dawood and Chairman Investment Board Haroon Sharif, Imran directed the chairman of the Investment Board to assure extending facilities to the Chinese companies on a priority basis.

The Investment Board Chairman Haroon Sharif shared that China’s investment in private companies has grown in Pakistan.

Haroon Sharif, the Chairman of the Investment Board also met with the Chief Executive officers of Orient Group, Snowform and Challenge Apparel.

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