Chinese companies keen for investing in Pakistan under CPEC

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ISLAMABAD, Aug 30 (APP): Chinese entrepreneurs showed keen interest in investment opportunities in different sectors of local economy including power generation, infrastructure development and agriculture sector.

Over 150 leading Chinese businessmen and investors from different companies and industries attended the China Pakistan Economic Corridor (CPEC) Summit and Expo held
here at Pak-China Friendship Center.

The Summit and Expo was hosted by Ministry of Planning, Development and Reform with an aim to highlight the bilateral trade and investment opportunities in different sectors of the two economies under multi-billion dollar projects.

The summit was also aiming at to mark the third anniversary of Joint Coordination Committee meeting and decision on CPEC and to enhance business to business contacts.

About 60 stalls were established in the expo where different Chinese and local companies had displayed their products and expertise to showcase their products and services and
promote business to business contacts.

In CPEC moot, about 27 chinese leading companies operating in energy generation, construction, road and bridge construction had also established their desks to apprise the local businesses about the areas of mutual cooperations.

Leading local businessmen and investors also attended the summit, whereas boards of investment of four provinces also established their desks to apprise the Chinese investors
about the trade and investment opportunities in their respective provinces.

Talking to APP, Representative of Zonenergy Limited, Tommy said his company was working on the construction of 900 MW solar energy plant.

He informed that the company was operating in solar energy generation and it had generated about 300 MW solar energy which was included in national transmission system.

He said pro-business policies of the current government had encouraged the investors to invest in different sectors of economy, adding more companies were coming to invest in
Pakistan as the CPEC project had opened huge investment opportunities.

Meanwhile, official of the China Road and Bridge Corporation informed APP that the company was working on widening and improvement of Korakaram Highway from Khunjrab to Roykot.