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Latest News - August 31, 2019

Chinese Supply Chain Business Finds Pakistani Market Attractive for Business

A Chinese firm Zhejiang Eman Supply Chain Management visited Islamabad Chamber of Commerce and Industry to discuss prospects of exploring supply chain sector of Pakistan. President, Islamabad Chamber of Commerce and Industry (ICCI), Ahmed Hassan Moughal Pakistan is a consumer market of 200 million which offers great protentional for supply chain business. Supply Chain business is achieving positive growth in Pakistan, said President ICCI. Moughal suggested China transfer technology and manufacturing plants to Pakistan.

Islamabad: President, Islamabad Chamber of Commerce and Industry(ICCI), Ahmed Hassan Moughal has said that Pakistan is a rising market of over 200 million consumers and offered great potential for supply chain business.He was talking to a delegation of Zhejiang Eman Supply Chain Management Co.

Ltd from China that visited ICC and showed keen interest to invest in supply chain business in PakistanAnderson, Kim, Eman, Judy and others were in the delegation.He said that many supply chain businesses were achieving fast growth in our country and it was the right time for Chinese investors to explore JVs and investment in supply chain business in Pakistan.ICCI President said that the next phase of CPEC would start industrial cooperation in Pakistan and initially 9 Special Economic Zones (SEZs) would be set up under CPEC in our country.

He urged that more Chinese companies should visit Pakistan to explore JVs in SEZs with Pakistani counterparts. He said that Chinese companies should bring technology and set up manufacturing plants in Pakistan to produce various products.

He said that by investing in PakistanChinese companies could export surplus products to South Asiamiddle East, Africa and many other countries.Speaking at the occasion, the delegation members said that they intended to invest in Pakistan in establishing similar business chain from which not only customers of Pakistan and China shall benefit, but it shall be a vital business hub in Pakistan for international customers as well.

They also explored the investment potential in various other sectors of Pakistan‘s economy.

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