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Chinese delegation shows interests to explore opportunities in development projects

byCT Report
04/11/2015
in Chambers & Associations, Latest News
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ISLAMABAD: Chinese delegation of Tiesiju Civil Engineering Group Co., Ltd (CTCE) led by its Chairman Zhang Hechuan visited Islamabad Chamber of Commerce and Industry and showed keen interest to explore investment opportunities in infrastructure development projects in Pakistan.

Zhang Hechuan said that CTCE was one of the largest construction enterprises in China with remarkable achievements in the fields of construction of expressways, municipal engineering, automobile proving grounds, urban mass transit engineering, industrial, civil buildings, electrification engineering, and many other infrastructure development projects.

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He said his organization has completed about 100 international projects including railways, highways, industrial & civil buildings; water conservancy works in over 20 countries and was now looking for investment opportunities in infrastructure development projects in Pakistan.

In his welcome address, Atif Ikram Sheikh, President, Islamabad Chamber of Commerce and Industry said that the present government was focusing on undertaking huge infrastructure development projects in the country including network of motorways, highways, roads, bridges and tunnels. He said government was offering attractive incentives to foreign investors and CTCE should take full advantage of these incentives by investing in Pakistan.

He said China-Pakistan Economic Corridor, the historic project of cooperation between Pakistan and China envisaged large number of infrastructure development projects including construction of power projects, roads, railway networks, mass transit system and optic fiber projects.
He said time was ripe for CTCE to step up efforts for exploring opportunities of investment and joint ventures in these projects. He assured that ICCI would extend all possible support to Chinese investors for making investment in Pakistan. Sheikh Abdul Waheed, Vice President ICCI also briefed the Chinese delegation about investment opportunities in construction and other sectors in Pakistan.

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