ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Muhammad Sami Saeed urged a delegation of the Chinese Chamber of Commerce to invest in the sectors of agriculture, IT and telecom, mines and minerals and energy.

“One-window operation for foreign investors, ensuring security and comfort in our industrial zones, is our government’s utmost priority. We encourage business-to-business (B2B) investments and welcome businesses to explore opportunities in sectors like agriculture, food, IT, artificial intelligence, and industrial cooperation,” the minister expressed these views while talking to a high-profile business delegation led by Li Ting, chairman of the Chang Chinag Chamber of Commerce, China met with him in Islamabad on Tuesday.

The purpose of the meeting was to discuss potential collaboration opportunities between Pakistan and China across various sectors, fostering business expansion and exploring new investment avenues.

Comprising eight members, the delegation represented diverse industries such as import and export, technology, electronics, machinery, office supplies, apparel, and building materials. The discussions cantered on strengthening bilateral ties and identifying strategic areas for mutually beneficial partnerships.

Federal Minister Saeed emphasized key sectors for investment, including agriculture, IT and telecom, mines and minerals and energy. He highlighted opportunities to utilise Special Economic Zones (SEZs) stating that Pakistan encourages foreign investment, especially Chinese investors for the joint ventures and relocation of Industries to Pakistan.

The minister also highlighted Pakistan’s demographic dividend as youth is more than 60 per cent of the country’s population providing ample business opportunities, especially in the field of IT.

Copyright Business Recorder, 2024