FM pushes for more Chinese investment

Finance Minister Senator Muhammad Aurangzeb met with the leadership of Pak China Investment Company Limited (PCICL) on Thursday to discuss increasing Chinese investment in Pakistan, particularly through joint ventures and expanding exports.

The meeting was attended by PCICL Chairman Sun Bo, Managing Director Hassan Raza, and other senior officials. During the discussion, the minister emphasised that PCICL is a key partner in Pakistan's economic growth. He highlighted the importance of focusing on industrial development and business relocation in the second phase of CPEC. Aurangzeb urged PCICL to reposition itself to target these areas, playing a central role in identifying opportunities for JVs and SMEs, while providing advisory and financing support to boost investment and trade.