China vigorously seeks investment opportunities

Chinese interested in mining, marble, energy and chemical businesses.


Our Correspondent October 10, 2012

LAHORE: The Chinese government is making all-out efforts to take its economic relations with Pakistan to a new height by aggressively exploring opportunities for investment and joint ventures in various sectors of the economy, says a Chinese executive.

“The establishment of the Nanchuan Industrial Park Business Development Centre (in Lahore) will go a long way in achieving this goal,” said Huang Guojun, director general of Nanchuan Industrial Park in Xining City, Qinghai province.

Heading an eight-member delegation, he was speaking at the Lahore Chamber of Commerce and Industry (LCCI) on Tuesday.

He said the centre was the latest example of Chinese efforts to increase links between Pakistani entrepreneurs and their Chinese counterparts. “Connections like these are important because the entrepreneurs unlock growth.”

Nanchuan Industrial Park Honorary Consul Akhtar Nazir Khan said he accepted the post on the condition that Chinese businessmen would also invest in Pakistan if they were seeking investment from Pakistan.

Chinese investors are interested in investing in mining, marble, energy, chemical and other potential sectors. “Business-friendly environment is a prerequisite to foreign and local investment,” he said.

Khan said the business centre would organise events throughout the country in a bid to build skills of entrepreneurs, seek investment and exchange technologies.

Speaking on the occasion, LCCI President Farooq Iftikhar said the Business Development Centre would help strengthen economic relations between businessmen of the two countries.

He stressed that the Nanchuan Industrial Park would connect Pakistani entrepreneurs with leading Chinese entrepreneurs and investors, who would be able to exchange experiences and discuss business trends, leading to investment in both countries.

He said the promotion of commercial activities was of supreme importance for achieving economic stability in any country.

Published in The Express Tribune, October 10th, 2012.

 

COMMENTS (2)

Ali | 9 years ago | Reply Pakistani-chini Bhai Bhai...............
Sir King Kong Bunty | 9 years ago | Reply

Well it makes sense. Chinese economy is tanking at the moment.

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