FM pushes for more Chinese investment

.


APP September 06, 2024
Federal Minister for Finance and Revenue Muhammad Aurangzeb. PHOTO: APP

print-news

ISLAMABAD:

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.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ