ISLAMABAD: During the Prime Minister’s visit to China, several agreements were signed between Pakistani and Chinese companies, under which investments will be made in agriculture, fertilizers, IT, mobile, pharmaceuticals, software, and fiber among other sectors.
Federal Minister Investment Board Abdul Aleem Khan and Commerce Minister met with the heads of Chinese companies during the visit. On this occasion, Chinese companies showed interest in investing in various sectors with Pakistan and agreements were signed.
Federal Minister Abdul Aleem Khan said that he will encourage Chinese companies in business-to-business activities. The government is only a facilitator. Private sector will give complete free hand for investment. Bilateral cooperation between businessmen of China and Pakistan is welcome.
He said that there will be investment in energy, infrastructure development, farming, engineering, construction and logistics sectors. Investments include hoteling, tourism, culture, sports goods, textile, decoration industry and airport designing.