18.2 C
Islamabad
Friday, April 19, 2024

PM directs to urgently resolve issues as Chinese investors set to launch operations

Must read

Daily The Spokesman April 19 2024 PDF

Daily The Spokesman April 19 2024 PDF Please Click Me

Propelling Pakistan’s Agri Entrepreneurs

 Fazal Rehman In the realm of global trade, small and medium enterprises (SMEs) often encounter formidable hurdles on their journey to establish a foothold in...

The way forward for Pakistan

Muhammad Azfar Ahsan    “Rather than going cap-in-hand asking for new finance, the new government and its backers in the establishment and business would need...

Spokesman Report

ISLAMABAD: Prime Minister Imran Khan Saturday directed the authorities concerned to facilitate all Chinese investors, who were setting up industries in Pakistan, on emergency basis by resolving their issues related to road connectivity and the provision of utilities.

“We will support Chinese businesses in Pakistan on the priority basis, and are grateful to them for their keen interest in accelerating their investment in Special Economic Zones (SEZs),” said Prime Minister Imran Khan in a meeting with Chinese business delegation led by Chen Yan from Challenge Fashion (Pvt) Ltd.

PM directs to urgently resolve issues as Chinese investors set to launch operations
During the meeting, the prime minister was told that Chinese businessmen are almost ready to start operations in the glass, ceramics and information technology sectors.

The prime minister said that Pakistan and China were connected not only in the past or present but would remain united through their future generations too.

“We appreciate the valuable relationship of the peoples of the two countries,” he added.

It is worth mentioning that OPPO, one of the leading tech manufacturers in the world, is going to establish a local mobile manufacturing unit and a research and development centre in Pakistan.

It would not only save a lot of foreign exchange reserves on the import of smartphones annually but would also create employment opportunities for our tech graduates.

The meeting was also attended by Energy Minister Muhammad Hammad Azhar, Advisor on Commerce Abdul Razzak Dawood, SAPM on Political Communication Dr Shahbaz Gill, SAPM on CPEC Affairs Khalid Mansoor and Chinese Ambassador Nong Rong along with senior officers concerned.

In his remarks, Chinese Ambassador in Pakistan Nong Rong said that he was very happy assince the prime minister’s previous meeting with the Chinese businessmen on September 13, a lot of issues had been resolved and great progress had been achieved.

He said that the Chinese entrepreneurs were encouraged and hoping great progress after this meeting.

“We will send more positive information to China to encourage more Chinese businessmen to make decision to invest in Pakistan,” he commented.

A Chinese entrepreneur representing OPPO, said that the company had already been present in Pakistan for more than seven years and had made around $150 million investment in the country.

He said like other companies, for OPPO too, it was a very good environment in Pakistan to continue to invest there and the interaction with the prime minister helped the swift resolution of the issues.

He thanked the prime minister for helping the Chinese businessmen by extending facilitation to them.

“If anybody comes to me and ask should they invest in Pakistan, I will say yes,” he remarked.

- Advertisement -PM directs to urgently resolve issues as Chinese investors set to launch operations

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -PM directs to urgently resolve issues as Chinese investors set to launch operations

Latest article

Daily The Spokesman April 19 2024 PDF

Daily The Spokesman April 19 2024 PDF Please Click Me

Propelling Pakistan’s Agri Entrepreneurs

 Fazal Rehman In the realm of global trade, small and medium enterprises (SMEs) often encounter formidable hurdles on their journey to establish a foothold in...

The way forward for Pakistan

Muhammad Azfar Ahsan    “Rather than going cap-in-hand asking for new finance, the new government and its backers in the establishment and business would need...

PAIDAR::: Mushahid launches Pakistan’s first think tank on Africa

Naveed Ahmad Khan Islamabad: Pakistan’s first think tank on Africa, Pakistan-Africa Institute for Development & Research (PAIDAR) was launched at a well attended event at...