ANL 31.89 Increased By ▲ 0.84 (2.71%)
ASC 19.60 Increased By ▲ 0.59 (3.1%)
ASL 26.74 Decreased By ▼ -0.61 (-2.23%)
AVN 91.00 Decreased By ▼ -0.39 (-0.43%)
BOP 8.38 No Change ▼ 0.00 (0%)
BYCO 12.89 Decreased By ▼ -0.14 (-1.07%)
DGKC 127.75 Decreased By ▼ -3.00 (-2.29%)
EPCL 48.95 Decreased By ▼ -0.49 (-0.99%)
FCCL 24.05 Decreased By ▼ -0.35 (-1.43%)
FFBL 26.45 Decreased By ▼ -0.50 (-1.86%)
FFL 17.25 Decreased By ▼ -0.24 (-1.37%)
HASCOL 12.23 Increased By ▲ 0.33 (2.77%)
HUBC 81.68 Increased By ▲ 0.68 (0.84%)
HUMNL 8.63 Increased By ▲ 0.14 (1.65%)
JSCL 24.17 Decreased By ▼ -0.13 (-0.53%)
KAPCO 43.53 Decreased By ▼ -0.10 (-0.23%)
KEL 4.48 Decreased By ▼ -0.22 (-4.68%)
LOTCHEM 15.88 Decreased By ▼ -0.32 (-1.98%)
MLCF 48.26 Decreased By ▼ -1.06 (-2.15%)
PAEL 35.85 Decreased By ▼ -0.35 (-0.97%)
PIBTL 11.21 Decreased By ▼ -0.18 (-1.58%)
POWER 10.32 Decreased By ▼ -0.22 (-2.09%)
PPL 91.16 Decreased By ▼ -1.24 (-1.34%)
PRL 25.65 Decreased By ▼ -1.05 (-3.93%)
PTC 12.95 Increased By ▲ 0.05 (0.39%)
SILK 1.59 Decreased By ▼ -0.02 (-1.24%)
SNGP 48.40 Decreased By ▼ -0.95 (-1.93%)
TRG 165.99 Increased By ▲ 0.09 (0.05%)
UNITY 47.99 Decreased By ▼ -0.31 (-0.64%)
WTL 3.84 Decreased By ▼ -0.15 (-3.76%)
BR100 5,299 Decreased By ▼ -33.85 (-0.63%)
BR30 27,755 Decreased By ▼ -182.1 (-0.65%)
KSE100 48,481 Decreased By ▼ -151.66 (-0.31%)
KSE30 19,548 Decreased By ▼ -77.25 (-0.39%)

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