National News

ISLAMABAD, (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.