ISLAMABAD: Zia Mian, the chairman of the Pakistan Group and Global Industrial Solution of a leading Chinese company Zeuster Holdings, has said that China wants to secure its investment in Iraq oil and industrial sector through Gwadar Port Economic Corridor. He further said that Chinese and Pakistani marketing companies want to access markets of Europe, Middle East, Africa and America through the products manufactured in Pakistan.
He expressed these views during his visit to Pakistan with Chinese President and said that the Economy Model of China could not be implemented in Pakistan. China wants to develop its west, for which Gwadar Port Economic Corridor is the nearest and most suitable way.
He said that in 1984 our years ago he went to China to get education and after completing the studies he started work at Sony Corporation Hong Kong. After one year he joined Oxygen, Coal Mine Company, which was the joint venture of China and America, where he worked for two and half years. After this he joined a Californian Mining company where he worked for three years, which was later bought by some other manufacturing company and Zia Mian was appointed as the head of China section in the same company.
In 2008 he was appointed as the representative of China and in the same period he made his own company Global Solutions, which was concerned with the sales of mining tools. After some time the company expanded its working to more sectors, including IT, energy sector, power plants, infrastructure, real estate, urban development and satellite communication.
He further disclosed that the aim of his visit to Pakistan is to explore the opportunities of investments. He said that his visit can be named as Fact Finding Mission. He said that they have signed agreements with some of the top 20 companies regarding coal plants, power plants, real estate and urban development. Moreover they also have signed the agreement to build a hospital and a medical complex.
Mian Zahid told that a Memorandum of understanding (MoU) was also signed for solar energy plant and searching for partners to join hands for satellite system.
On a query about why he selected Pakistan for investment, he told Customs Today that due to the Economic Corridor Pakistan is the most suitable place for investment, because it will create a flood of Jobs and it will also facilitate the human and natural resources of Pakistan.
He further told that English language is another asset of Pakistan and Chinese companies will prefer to manufacture the products in Pakistan, and want to promote Pakistani marketing companies in Europe, Middle East, Africa and America. This can also helps in creating jobs in Pakistan, he added.
He said that Pakistan is in the dire need of electricity, without energy Pakistan cannot make progress in industrial and agriculture sectors. He added that China wants to secure its investment in Iraq oil and power sector as any mishap in the pacific occasion can affect the Iraqi oil supply to China. Zia Mian explained that China only has its own oil reserves of just two and half months and wants to secure its industrial zone.
Zian Mian was of the view that China wants to develop its west city Kashgar as before it has developed Shenzhen, which is situated near the Hong Kong. At this time the GDP of Shenzhen is equal to American GDP and its per person GDP stands at $33,000 and it want to make Kashgar second Shenzhen.
He told that the west side of China is rich with resources and China wants to make kashgar the hub of the west side as Gawadr Port is the nearest way to sea to Kashgar. China wants to use this route as this is the shortest distance and will save the time as well. By keeping the strategic position of Pakistan it is inevitable for China to develop Gawadr Region of Pakistan on war-footing basis for the infrastructural and socio-economical development of the whole region.
Talking about the investment policy in Pakistan he said that as a whole round the world Pakistan has security issues regarding investment and people feared about it that their investment will not be secured, but government has give some very economical incentives to the investors. But Chinese private companies along with government companies are also taking the risk of investment in Pakistan as this is directly related to the development of western part of China.
Zia said that both the companies should work together to make fool proof security arrangements to make more and more investment in Pakistan and to make Chinese investors fearless in this regard and Pakistani government has also announced for one-to-one security for all the investors.
On a question regarding development of China, he said that before China was working on communism. The biggest secret of Chinese development is that they paid more concentration on the marketing economy and paid their attention on the modern marketing and demand and supply. Instead of making their workforce dismantle they gave them concessions. In the beginning of agricultural reforms Chinese government offered them huge incentives in shape of ownership of the exceeding quantity the farmer produced from government land.
After these reforms the agricultural production of China was doubled. They also practiced such reforms in the industrial and financial sectors of the country. The second secret of their development is that they made a pilot project of any scheme and then briefly discussed the pro and cons of that project. After all the quires the project was started at national level.
Zia further explained that with the passage of time these polices became more and more fruitful, which emerged China as a developed nation. He said that it is difficult to implement Economy Model of China in Pakistan, because originally Chinese economy emerged from communism.
He said that China is a very disciplined nation and it has used infrastructure reforms for the betterment of communication and other sectors to make market economy a hub. They at first step developed big cities followed by the mid sized and small cities. China has made development in very aspect of life including education, health, sports, horticulture etc.