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Home Latest News

Chinese banking giant delegates meet GCCI members

bySajid Baloch
19/07/2014
in Latest News, Ports and Shipping
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GWADAR: A delegation of China’s largest bank ICBC and China Overseas Handling Company has met local businessmen of Gwadar Chamber of Commerce and Industry and some investors, who had traveled to Gwadar from Karachi, Lahore and other parts of Pakistan.
The Chinese delegation expressed their interest to jointly work with free zone operators, developers and investors in establishing industrial park.
They expressed their eagerness in establishment of fish processing units, assembly plants, marble processing, cement and steel making industries as well as, coal based, wind and solar plants for Gwadar Port, Gwadar city itself.
Chairman Gwadar Port Authority (GPA), Dostain Jamaldini was leading GCCI member in meeting with Chinese delegation while Liu Jin M, General Manager of Investment Banking Department was leading the Chinese delegation with 15 officials of ICBC Head Office.
Dostain Jamaldani said that Pakistan is fittest for investment so foreign investors should avail the large investment opportunities in Gwadar and other parts of Balochistan.

Terming Gwadar future of the country, Jamaldini noted that Chine Pakistan Economic Corridor would benefit Naseerabad, Mekran and Kalat region in Balochistan while North, West Sindh, South Punjab, Khaber Pakhutunkhwa and Gildit Baltistan would also get huge benefits from the CPEC.
The recent visit of ICBC delegation was among one of the series of policy initiatives under China Pakistan economic corridor (CPEC) in which bilateral and multilateral understandings would be developed between different Chinese and Pakistani public-sector, as well as private sector companies and organizations
ICBC Chairman assured Gwadar authorities that China has been trying to make port and CPEC functional as soon as possible for the largest interests of two countries.

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Tags: (GPA)assembly plantscementChairman Gwadar Port AuthorityDostain Jamaldinifish processing unitsGCCIGeneral Manager of Investment Banking DepartmentGwadar Chamber of commerce and industoryGwadar PortICBCLargest bankLiu Jin Mmarble processingsteel making industries

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