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China’s proposed $42b investment in Pakistan: Chinese team exploring trade opportunities

byCustoms Today Report
28/01/2015
in Business
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ISLAMABAD – After China had promised investment worth $42 billion in Pakistan, a delegation of Chinese businessmen and traders reached Pakistan to explore business opportunities here with special reference to incentives given to foreign investors.

Pak-China Joint Chamber of Commerce and Industry (PCJCCI) President Shah Faisal Afridi received the delegation. Came from Jiangsu Chamber of Commerce, China, the team during its weeklong stay will hold meetings with significant organisations of the private and public sector which include Haier Ruba SEZ, Punjab Board of Investment and Trade, FPCCI, Habib Bank Limited, University of Management Technology, APTMA, CSD, Habib Construction Company, Smeda and PCJCCI.

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The delegation comprises senior members of the Jiangsu Chamber, is headed by Wang Guogui, Supervising Chairman of Jiangsu Chamber. He said that the particular areas of interest to be focused by the delegation include steel industry, construction, real estate, building materials and higher education.

While exchanging his views on this occasion, leader of the delegation Wan Guogui said the delegation will keep their agenda quite open to explore any of the investment or trading opportunities in Pakistan. “We hope to find more opportunities and set a good example for other Chinese cities to follow,” he added.

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