PM Imran vows to facilitate Chinese companies for their investments in Pakistan

Beijing: Appreciating the interest of Chinese companies for enhancing business ties with Pakistan, Prime Minister Imran Khan said his government had offered many incentives to foreign enterprises especially from China for investment in Pakistan's Special Economic Zones (SEZs).

The premier stated this during his second day of meetings with business leaders of China’s top state-owned and private enterprises here on Saturday.

During the meetings, the Chinese businesspersons briefed the Prime Minister on the progress of their on-going projects in Pakistan and future investment plans worth billions of US dollars in the fields of energy, refining, petrochemical, infrastructure development, water management, information and communication technology (ICT), and housing.

China Energy is a Fortune 500 conglomerate operating in the fields of energy, water management, transportation and construction; CSCEC’s major areas of focus are communications and engineering; Power China provides services in the energy & water sectors; East Sea Group is an international energy and chemical trading company; CREC focuses on engineering, real estate development, Railways and mining sectors; MCC is the world’s largest metallurgical construction contractor; CENTINCO specializes in industrial, infrastructure refining and petrochemical projects; and CHINAMEX Group has carried out urban development projects in several countries.

The premier assured that Pakistan would continue to support and facilitate the Chinese companies for their expanded footprints in Pakistan.

Imran Khan was accompanied in the meetings by the members of cabinet and senior officials.

The executives who met the Prime Minister included Chairmen of China Energy Engineering Corporation (CEEC), China State Construction Engineering Corporation (CSCEC), Power China, East Sea Group, China Railway Group Limited (CREC), China Metallurgical Group Corporation (MCC), Beijing Century Industrial Development Co. Ltd (CENTINCO) and the CHINAMEX Group.

-- Meeting with Chinese authorities regarding renewable energy --           

Prime Minister Imran Khan held an online meeting with Chairman China Energy and Engineering Corporation Dr. Song Hailiang and Chairman Power China Dr. Ding Yanzhang. 

The meeting was about how to increase investment in Pakistan’s energy sector including renewable energy and improvement in irrigation infrastructure, PM Office Media wing said in a press release.

Foreign Minister Makhdoom Shah Mehmood Qureshi, Finance Minister Shaukat Fayyaz Tarin, Information Minister Ch Fawad Hussain, Planning Minister Asad Umar, Advisor on Commerce Abdul Razzak Dawood, Special Assistant to PM on CPEC Affairs Khalid Mansoor, National Security Adviser Dr Moeed Yusuf and senior officials concerned attended the meeting.