ISLAMABAD: Pakistan and China discussed the exploration of collaboration opportunities across various sectors, with an emphasis on expanding business ventures and identifying new avenues for investment at a recent meeting between a Chinese business delegation, led by Chairman Li Ting of the Chang Chinag Chamber of Commerce and Minister for Planning, Development, and Special Initiatives, Muhammad Sami Saeed.
Comprising eight members, the delegation represented diverse industries, including import and export, technology, electronics, machinery, office supplies, apparel, and building materials. Discussions centered on strengthening bilateral ties and pinpointing strategic areas for mutually beneficial partnerships.
During the meeting, the minister highlighted key sectors for investment, including agriculture, IT and telecom, mines and minerals, and energy.
During the discussions, Mr Saeed emphasized the potential of Special Economic Zones (SEZs) and encouraged Chinese investors to consider joint ventures and industrial relocation to Pakistan.
He underscored Pakistan’s demographic advantage, with the youth constituting over 60pc of the population, presenting substantial business opportunities, particularly in the IT sector. The minister reiterated Pakistan’s commitment to providing a secure business environment, prioritizing investor facilitation.
“Our government’s top priority is a one-window operation for foreign investors, ensuring security and comfort in our industrial zones. We welcome businesses to explore opportunities in sectors like agriculture, food, IT, Artificial Intelligence, and industrial cooperation,” added the minister.
He reaffirmed the government’s commitment to advancing the Belt and Road Initiative (BRI), particularly the flagship program – the China-Pakistan Economic Corridor (CPEC).
As a token of appreciation, the delegation presented special souvenirs to the planning minister, reciprocated with a souvenir presented by Mr Saeed to the delegation.
He said Pakistan remains steadfast in its commitment to facilitating and encouraging foreign investment, strengthening a mutually beneficial relationship with China and other nations. This collaborative effort aims to promote prosperity and growth, positively contributing to regional and global economies, he added.
