Home Latest News KPK Government Sings an MoU with Chinese City Xuzhou to Promote Industrial Partnership in Province
Latest News - August 31, 2019

KPK Government Sings an MoU with Chinese City Xuzhou to Promote Industrial Partnership in Province

Recently a Memorandum of Understanding (MoU) was signed between the Chinese city Xuzhou and Peshawar the capital city of Khyber Pakhtunkhwa to increase and strengthen coopera­tion on industrialization. Vice Mayor of Xuzhou People’s Government XU Donghai and Deputy Commissioner (DC) Peshawar Muham­mad Ali Asghar signed the MoU, While KP Minister for Finance and Federal Parliamentary Secretary were among the witnesses. This collaboration pact is signed in the context of the Rashakai Special Economic Zone. Xuzhou city is China�s national complex transport hub with the central city of Huaihai Economic Zone. The duo of Sino-Pakistani cities has decided to provide liaison in the sectors such as trade, agricultural and technology, culture, education and public health etc. A vast number of investors and industrialists, present in the ceremony, are seeking opportunities in the technological, cultural and mineral resources sectors.

PESHAWAR: A Memorandum of Understanding (MoU) was signed between Xuzhou, the capital city of Chinese province Ji­angsu and Peshawar the capital city of Khyber Pakhtunkhwa to increase and strengthen collaboration and coopera­tion here in Islamabad.

The Vice Mayor of Xuzhou People’s Government XU Donghai, and Deputy Commissioner (DC) Peshawar Muham­mad Ali Asghar signed the MoU while KP Minister for Finance Taimur Jhagra and Special Assistant to Chief Minister KP Abdul Karim Khan, Federal Parlia­mentary Secretary Shandana Gulzar, MNA Sher Ali Arbab, Additional Chief Secretary KP Shahzad Bangash and a number of Chinese investors wit­nessed.

Based on past friendly and brotherly relations, the two cities will establish and deepen friendly exchange relation­ship on the basis of friendly consulta­tion.

The two cities will on the principles of equality and mutual benefit and on the basis of previous friendly exchang­es in a broadly exchange of fields and facilitate the achievement of fruitful results in cooperation in areas of econ­omy and trade, agricultural and tech­nology, culture, education and public health etc.

The Deputy Mayor was accompanied by a large number of industrialists and investors who expressed deep interest in investing in KP particularly in the fields of producing electric cars, tour­ism, mines and mineral exploration and tourism.

It is worth mentioning that Xuzhou is a major city in Jiangsu province of Re­public of China. The city is a national complex transport hub and the central city of Huaihai Economic Zone.

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