AIRLINK 63.30 Increased By ▲ 1.10 (1.77%)
BOP 6.13 Decreased By ▼ -0.10 (-1.61%)
CNERGY 4.88 Decreased By ▼ -0.11 (-2.2%)
DFML 14.80 Decreased By ▼ -0.10 (-0.67%)
DGKC 67.34 Decreased By ▼ -1.65 (-2.39%)
FCCL 17.46 Decreased By ▼ -0.27 (-1.52%)
FFBL 25.00 Increased By ▲ 0.40 (1.63%)
FFL 9.18 Decreased By ▼ -0.03 (-0.33%)
GGL 10.25 Increased By ▲ 0.35 (3.54%)
HBL 108.12 Decreased By ▼ -0.38 (-0.35%)
HUBC 116.89 Increased By ▲ 0.39 (0.33%)
HUMNL 6.63 Decreased By ▼ -0.07 (-1.04%)
KEL 4.42 Decreased By ▼ -0.04 (-0.9%)
KOSM 4.65 Decreased By ▼ -0.07 (-1.48%)
MLCF 35.95 Decreased By ▼ -0.95 (-2.57%)
OGDC 123.00 Decreased By ▼ -0.30 (-0.24%)
PAEL 22.76 Increased By ▲ 0.32 (1.43%)
PIAA 23.89 Increased By ▲ 1.67 (7.52%)
PIBTL 5.74 Decreased By ▼ -0.01 (-0.17%)
PPL 111.30 Increased By ▲ 0.40 (0.36%)
PRL 27.56 Decreased By ▼ -0.01 (-0.04%)
PTC 15.25 Increased By ▲ 1.06 (7.47%)
SEARL 52.95 Decreased By ▼ -0.30 (-0.56%)
SNGP 63.40 Decreased By ▼ -0.35 (-0.55%)
SSGC 10.85 Decreased By ▼ -0.15 (-1.36%)
TELE 9.22 Increased By ▲ 0.27 (3.02%)
TPLP 10.90 Increased By ▲ 0.17 (1.58%)
TRG 71.30 Increased By ▲ 1.00 (1.42%)
UNITY 24.80 Increased By ▲ 0.60 (2.48%)
WTL 1.38 Increased By ▲ 0.02 (1.47%)
BR100 6,751 Increased By 52.9 (0.79%)
BR30 22,646 Increased By 28.2 (0.12%)
KSE100 65,503 Increased By 612.1 (0.94%)
KSE30 21,721 Increased By 185.1 (0.86%)

ISLAMABAD: A large number of investors of China, Pakistan, and other countries have shown interest in investing in Special Economic Zones (SEZs) being established in Pakistan under the China-Pakistan Economic Corridor (CPEC).

The Ambassador of People Republic of China to Pakistan, Nong Rong, called on the Federal Minister for Planning, Development and Special Initiatives, Asad Umar, here in Islamabad on Friday. Matters related to bilateral relations and projects under the CPEC and the upcoming Joint Cooperation Committee (JCC) meeting were discussed.

While discussing the progress on CPEC projects, it was noted that work on Allama Iqbal SEZ in Faisalabad and Rashakai SEZ was progressing smoothly, and a large number of investors had shown interest in investing in these economic zones.

Federal Minister for Planning, Development and Special Initiatives Asad Umar said that Pakistan would welcome foreign investors of any country who want to invest in the SEZs. He said that the SEZs under the CPEC would provide maximum facilities to foreign investors. He said that the PTI government would provide amicable environment to facilitate the investors. The minister also emphasised the need for joint ventures between the investors of both the countries (Pakistan and China) in these Zones. The minister also emphasised the need for joint ventures of Pakistan and China in agriculture sector and food processing.

He said that China should provide technical support to Pakistan for research and development of the agriculture sector.

The ambassador said that the Chinese side would continue to actively encourage investors to benefit from investment opportunities in these Zones. Progress on various other infrastructure projects was also discussed.

Copyright Business Recorder, 2021

Comments

Comments are closed.