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Pakistan, an emerging market for Chinese investment

Published Updated

ISLAMABAD: Pakistan, rich with exciting opportunities, is an emerging market for Chinese investment in diverse sectors.

These views were expressed by Vice President SAARC Chamber of Commerce and Industry, Pak chapter Iftikhar Ali Malik,a veteran trade leader and SVP,LCCI Meher Kashif Younis on Sunday while talking to APP.

They said "Pakistan is now open to Chinese businessmen with best atmosphere of investment which provide significant possibilities for Chinese and other foreign investors."

With Chinese investment, Pakistan would achieve sustained growth in key sectors,including increase in per capita income and improvement in micro-economic in the years to come, they added.

Iftikhar Ali Malik said current visit of Prime Minister Syed Yousuf Raza Gilani to China at Boao Forum will not only further strengthen bilateral relations but also boost trade ties between the two countries.

He observed that Pakistan is ideally located which has geographically immediate access to the Central Asian Republics and has a competitively affordable and expanding work force of 36 million.

He said Pakistan's foreign investment policy was open and liberal, which was a good news for Chinese companies interested in doing business here.

Meher Kashif Younis said Lahore Chamber and all other chambers across the country including Federation of Pakistan Chamber would help Chinese corporate sector to identify opportunities in Pakistan's vast resource based industries, such as oil, gas and petrochemicals, a fast growing infrastructure sector and other industries such as power and water, IT, garments, Agriculture, livestock,communication, software and automotive manufacturing.

He expressed the optimism that the partnership between China and Pakistan, commenced over 61 years ago, would go a long way.

Copyright APP (Associated Press of Pakistan), 2012

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