BEIJING: Khyber Pakhtunkhwa Chief Minister Pervez Khattak said on Thursday he was expecting more investment from Chinese and other foreign companies in Pakistan and his province under the One Belt, One Road initiative, which he called a game changer for Pakistan.
“To attract foreign investment, the government of Pakistan has already implemented favourable industrial policies under the China-Pakistan Economic Corridor (CPEC), a flagship project of Belt and Road Initiative and Khyber Pakhtunkhwa is also offering rebate of about five percent for the industrial projects,” he said in an interview with Global Times published here on Thursday.
“Such policies and opportunities in the province have helped bring back investors to the region during the past four years, after tough times when there was no industry and investors left the province,” he said. Khattak, who was on an official visit in Beijing, said that meetings with Chinese investors were very successful and he saw a great deal of interest from Chinese companies in investing in Pakistan.