BEIJING, Sept 27: As part of ongoing efforts to promote investment cooperation between Pakistan and China, the Embassy of Pakistan in Beijing hosted a Business and Investment roundtable today at its premises.
Minister for Board of Investment, Abdul Aleem Khan, presided over the roundtable in which over three dozen Chinese companies participated.
The roundtable aimed to showcase investment opportunities, incentives and facilitations in Pakistan to attract Chinese investments in the fields of technology, infrastructure, logistics, constructions, energy, agriculture and pharmaceutical.
Ambassador of Pakistan to China, Khalil Hashmi in his welcome remarks highlighted inter alia the growing momentum in B2B exchanges between the entrepreneurs of Pakistan and China. He highlighted the increase in bilateral B2B between the entrepreneurs of Pakistan and China. In this regard, he mentioned the successful B2B meetings in Shenzhen, Beijing, Karachi and Xian including participation in fairs, expos and conferences.
Abdul Aleem Khan Minister for Board of Investment recalled the “iron-clad” friendship between Pakistan and China and noted that since the visit of the Prime Minister of Pakistan to China in June 2024, significant progress has been made in accelerating China-Pakistan business-to-business and investment cooperation.
Abdul Aleem Khan highlighted how CPEC serves as a cornerstone of Pakistan-China economic cooperation and underlined that in the next phase of CPEC, industrialization, especially through promotion of B2Bs, the development of SEZs, Export Processing Zones (EPZs), and the Gwadar Free Zone would be joint priority.
The Minister highlighted the advantages of investing in Pakistan; such as skilled IT force, competitive wage rates, high consumer demand and attractive incentives for the Chinese companies. The Minister invited Chinese businesses to invest in housing, energy, transport, and logistics emphasizing the huge demand for housing units allied industries and housing finances which Chinese companies and investors can take advantage of.
The Minister commended the Ambassador and the Embassy team for organizing the roundtable. He also apprised the companies about the forthcoming investment road shows in the next six months and advised them to participate.
Li Shuang, Mayor of Daming city , Mr. Qu Zongkuan, Deputy Mayor of Linyi city, Shandong province, Qin Linzheng, Chief Advisor of the China Society for Future Studies, and representatives of enterprises appreciated the outreach of the Embassy and described the B2B exchange as very useful.
Three MoU were also signed between Chinese and Pakistani companies at this occasion.
