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Home Chambers & Associations

$46 billion investment: ICCI lauds Xi Jinping’s visit

byCustoms Today Report
20/04/2015
in Chambers & Associations, Pakistan Chambers
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ISLAMABAD: The business community of federal capital has lauded the Chinese president’s visit to Pakistan and termed it crucial for the country’s ecomomy.

Islamabad Chamber of Commerce and Industry (ICCI) President Muzamil Hussain Bukhari said that the visit of Chinese President Xi Jinping to Pakistan will be vital to take relations between the two countries to a new height.

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In a statement issued here, the ICCI president said that the visit would open vistas of opportunities for traders and investors to invest in different sectors. He said that the Chinese president was expected to clinch several agreements worth $46 billion with the Pakistani government, which will help start energy projects in Pakistan to overcome the crippling energy crisis. Bukhari said that the Pak-China Economic Corridor project has the potential to turn around and spur economic activities in both the countries, resulting in well-being of the common man.

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