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Latest News - September 6, 2024

Finance Minister lauds China’s role in Pakistan’s economic growth

Finance Minister Muhammad Aurangzeb reaffirmed the government’s commitment to fostering a business-friendly environment during a meeting with the leadership of Pak-China Investment Company Limited (PCICL) in Islamabad. Discussions focused on boosting Chinese investment, joint ventures, and expanding exports of Pakistan-based Chinese firms. The Minister emphasized the importance of industrial growth in the second phase of CPEC, inviting PCICL to engage in joint ventures. PCICL leaders pledged continued support to strengthen Pak-China trade and investment.

Minister for Finance Muhammad Aurangzeb has reiterated government’s commitment to promote a business and investment friendly environment in the country.

He was talking to leadership of Pak-China Investment Company Limited which called on him in Islamabad today.

The meeting discussed boosting Chinese investment in Pakistan, with a focus on joint ventures and expanding exports of Pakistan-based Chinese firms.

The Minister reassured the Chinese investors of their security and lauded the PCICL’s contributions to Pakistan’s economic progress.

He said in the second phase of CPEC, development and growth of industry and relocation of businesses will be the priorities and Pak-China Investment Company Limited can also reposition itself for joint ventures in these areas.

On the occasion, the leadership of  Pak-China Investment Company Limited briefed the Minister about Company’s efforts to strengthen Pak-China trade and investment, pledging continuous support.

Chairman Pak-China Investment Company Limited Sun Bo said the company would do its best to serve Pakistan’s economy.

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