Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
'Chinese entrepreneurs should take advantage of special investment opportunities in P
03-16-2012, 02:48 PM
Post: #1
'Chinese entrepreneurs should take advantage of special investment opportunities in P
'Chinese entrepreneurs should take advantage of special investment opportunities in Pakistan'

SLAMABAD: President Asif Ali Zardari on Thursday said there was a great opportunity for the Chinese investors to take advantage of the special business and investment opportunities being offered by Pakistan.

This he said during a meeting with Chairman Asia Investment Houtang Mr Li Yan here at the Aiwan-e-Sadr on Thursday.

Mr Li Yan's delegation included among others Mr Chen Qi, DG China Petrochemical Corporation, Mr Fang Fenglei, Chairman HOPU Investment, Professor Tang. Chairman KASB Finance Arif Shah Bukhari was also present.

Finance Minister Sindh Syed Murad Ali Shah, Special Secretary to the President Major ® Haroon Rashid, MD Zulfiqarabad Development Authority (ZDA) Lt. Gen ® Iftikhar Hussain Shah and other senior officials were also present during the meeting.

The President during the meeting said that Pakistan eagerly awaits Chinese investment in the new city Zulfiqarabad. He said that the proposed city would be an engine of growth and would go a long way in generating economic activities. It will give tremendous boost to the social and economic uplift of the area besides creating enormous job opportunities, he added.

The President appreciated the Chinese interest in the development of Special Economic Zones in the proposed city project. These Economic Zones would not be confined to industrial and economic activities but would cover the entire range of activities in a modern metropolis, he added.

He said the project would not only further strengthen Pak- China cooperative partnership but was also a homage to the great leader Shaheed Zulfiqar Ali Bhutto who laid the foundation of strong Pak-Sino friendship.

He reiterated that the idea of setting up a new city was to meet the challenges of the future and to develop safe, modern and an environment-friendly coastal city having world class amenities with economic opportunities.

The President while appreciating M/s Asia Investments Houtang's decision to invest in the Special Economic Zone said that the government would provide all possible assistance and facilitation to the Chinese companies and investors in the petrochemicals and other areas especially those that do not exist in the country at present.

He assured the Government's full assistance and support for smooth operation of Chinese companies in Pakistan. The President also assured fool proof and enhanced level of security / protection of the life of Chinese citizens in Pakistan.

Managing Director ZDA, Lt. Gen ® Syed Iftikhar Hussain Shah during meeting briefed about the progress made so far in the proposed project.

Mr Li Yan thanked the President for meeting and for Government's assistance and facilitation in their business ventures in Pakistan.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Chinese govt rolls out scholarships for Pakistani students LRE-Azan 0 2,227 11-07-2017 03:54 PM
Last Post: LRE-Azan
  Chinese Ambassador Engrossed To Invest In Automobiles Accessories LRE-Azan 0 2,080 11-07-2017 03:50 PM
Last Post: LRE-Azan
  Chinese Company Contracted To Build Pakistan Largest Airport Salman 0 2,530 07-13-2017 04:38 PM
Last Post: Salman
  750 Chinese Companies Operating In Pakistan Salman 0 2,193 07-08-2017 02:40 PM
Last Post: Salman
  Special Persons To Get Separate Quota In Housing Schemes Salman 0 3,308 02-20-2014 01:46 PM
Last Post: Salman
  Special persons to get quota in housing schemes Salman 0 3,175 02-18-2014 01:17 PM
Last Post: Salman
  Chinese company to set up 300MW solar power plant in Cholistan Salman 0 7,926 08-03-2013 12:55 PM
Last Post: Salman
  Gwadar may be given special status for speedy development: Nawaz Salman 0 3,592 07-06-2013 05:17 PM
Last Post: Salman
  Pakistan plan to establish Gawadar Special Economic Zone Salman 0 4,044 06-18-2013 12:18 PM
Last Post: Salman
  Islands deal with American entrepreneurs opposed Salman 0 2,597 03-13-2013 03:21 PM
Last Post: Salman
  Agreement signed to hand over Gwadar Port to Chinese company Salman 1 10,579 02-20-2013 02:15 AM
Last Post: LRE
  Chinese firms willing to invest in Pakistan Salman 0 3,209 12-07-2012 12:31 PM
Last Post: Salman
  PSA Sold Gwadar Port Rights to Chinese Company @ $ 288.00 Million LRE 0 6,562 08-31-2012 09:29 PM
Last Post: LRE
  CM invites Chinese investment in energy and mining Salman 0 2,804 06-12-2012 12:48 PM
Last Post: Salman
  CDA, Chinese govt sign MoU for Ghazi Barotha water project Salman 0 2,845 06-08-2012 01:22 PM
Last Post: Salman
  Residential plots earmarked for special people Salman 0 2,383 05-31-2012 01:11 PM
Last Post: Salman
  ‘New budget will create employment opportunities’ Salman 0 2,289 05-21-2012 01:01 PM
Last Post: Salman
  TMA special squad to remove encroachments Salman 0 2,487 05-07-2012 03:55 PM
Last Post: Salman
  Thar coal field a special economic zone: Marri Salman 0 3,031 04-07-2012 12:47 PM
Last Post: Salman
  Opportunities in meat, wheat, cotton JVs with Egypt Salman 0 2,169 04-07-2012 12:31 PM
Last Post: Salman

Forum Jump:


User(s) browsing this thread: 1 Guest(s)