CITIC group delegation meets Miftah Ismail

ISLAMABAD: The visiting delegation of CITIC, led by Zhenyi Tang Charmin CLSA , Asia’s leading Capital Markets and Investment Group and subsidiary of CITIC Securities called on Advisor to Prime Minister on Finance, Revenue , Economic Affairs Dr Mifta Ismail here on Tuesday.

Zhenyi Tang apprised the advisor that CITIC is the largest financial conglomerate in China with leading businesses in financial services, industry, resources and energy, agriculture and construction with operations in more than 20 countries in Asia, Australia, Europe and the United States, a statement issued by SECP said.

The chairman said considering the tremendous potential of Pakistani economy, CITIC is keen to invest in several areas including housing, construction, sovereign and private bonds issuance, agriculture and power sector.

The advisor appreciated the CITIC group for its intended investment endeavors in Pakistan and assured full support and cooperation from government of Pakistan.

He also invited the group to explore the opportunities for investment in capital market, infrastructure projects and possibilities of joint ventures with Pakistani partners.

Visiting delegation agreed on the proposal of the advisor to PM and informed that an experts delegation of CITIC would visit Pakistan soon to further discuss areas for cooperation with relevant officials of government of Pakistan.