Meeting with Chinese Business Delegation

PR-01-2024

A delegation of Chinese Companies and Investors called on the Caretaker Federal Minister for Privatisation, Mr. Fawad Hasan Fawad today at Privatisation Division. The Federal Minister appreciated the interest of the Chinese companies and briefed them regarding investment opportunities in Pakistan. He observed that the true potential of the partnership between the two countries in trade and investment is not being realised. Pakistan can be a very suitable country for relocation of industry from China given availability of both skilled and unskilled labour, basic raw materials for a wide range of industries as well as fast growing local market. The minister articulated that investing in renewable energy sector and in EV manufacturing can be of good interest for Chinese investors. The Minister offered all cooperation to investors on behalf of the government and informed the delegation that a one window investment facilitation arrangement under SIFC is fast addressing the issues in investor facilitation and implementation at various tiers of the government. The Secretary, Privatisation Division, Mr. Jawad Paul was also present in the meeting.