Chinese invited to explore joint ventures
PHOTO: REUTERS
The Federation Pakistan Chamber of Commerce and Industry (FPCCI) has extended an invitation to Chinese investors across diverse sectors, urging them to explore investment and joint venture opportunities within the local business landscape.
In a meeting with a delegation of Chinese investors, Karim Aziz Malik, Chairman of FPCCI Capital Office, underscored that it is an opportune moment for Chinese investors to reap lucrative returns on their investments in Pakistan. The delegation was led by Zhang Yang, Director of Chongjiang Federation of Investment and Commerce and Chairman of Chang Jiang Management Company.
Addressing the delegation, Malik highlighted the attractive incentives and liberal policies that Pakistan offers for investment across all sectors. He underscored that these incentives, available in both special and traditional sectors, present significant opportunities for local and foreign investors to maximise profits.
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Pakistan’s top exportable items, including textiles, rice, pink salt, plastic articles, and gemstones, were discussed during the meeting.
Malik invited Chinese investors to explore the burgeoning sector of pink salt for potential investment and joint ventures, adding that Pakistan is the world’s sole producer of pink Salt and the global market for pink salt is approximately $12 billion.
Yang acknowledged Pakistan’s attractive policies and numerous investment opportunities for Chinese investors. He highlighted the commitment of both countries to enhance trade relations, expressing optimism for substantial growth in bilateral trade in the future amid the challenges and changes of the current era.
Published in The Express Tribune, January 9th, 2024.
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