LAHORE: Top business leaders and traders on Saturday said that Prime Minister Nawaz Sharif's visit to China would help Pakistan to bring Chinese investment worth billions of dollars in different sectors which would help strengthen the national economy.
Chief Executive Trade Development Authority Pakistan S.M. Munir, President Federation of Pakistan Chambers of Commerce and Industry, (FPCCI) Zakaria Usman, Chairman United Business Group and VP SAARC CCI, Iftikhar Ali Malik and presidential candidate for FPCCI Muhammad Adress told APP today that China, in response to current visit of Prime Minister Muhammad Nawaz Sharif, has announced substantial investment in Pakistan for further improving economic ties between the private sectors of the two countries besides enhancing volume of trade.
Chief Executive Trade Development Authority S.M.Munir said: "Pakistan is always open to Chinese businessmen with best atmosphere of investment which provide significant healthy environment laced with ample opportunities to Chinese and other foreign investors."
Pakistan with Chinese investment would achieve sustained growth in key sectors, including increase in per capita income and improvement in micro-economic in the years to come, he added.
FPCCI Chief Zakaria Usman said that Pak economy can further be boosted if modern chinese technology for exploiting minerals, the natural resources, agriculture, livestock, communication, IT, water and power and other sector is transferred on priority.
He said that FPCCI has set up a fully computerised information desk especially to facilitate the Chinese investors. He said that all chamber across the country including FPCCI 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.
Iftikhar Ali Malik observed that Pakistan was ideally located geographically with immediate access to the Central Asian Republics and had a competitively affordable and expanding work force of 35 million.
He said Pakistan's foreign investment policy was open and liberal, which was good news for Chinese companies interested in doing business here.
"Pakistan is a country rich in history, culture and natural resources", he observed and said he was confident that the partnership between China and Pakistan which began over 60 years ago would go a long in the years to come.
Presidential candidate for FPCCI Muhammad Adress said that visit of Pak premier to China would definitely yield positive impact on national economy besides cementing bilateral relations between the two countries.
He said that Pak government had already offered an excellent package of incentives to Chinese investors and other foreign investors.
Pakistan rich with exciting opportunities is an emerging market for Chinese investment in all sectors, he added.
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