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Chinese keen to invest in KP auto-mobile, tourism, transport sectors

PESHAWAR, OCT 30 (DNA) – A two-member delegation of Chinese investors Monday met business community of Khyber Pakhtunkhwa and FATA and expressed keen interest for investment in auto-mobile, tourism and infrastructure sectors of the province.

The two-member delegation of Chinese investors is part of 8-member delegation currently on visit of Pakistan have arrived from Sychuan province of the Peoples Republic of China.

Those who interact with the Chinese delegation were included Vice President, Federation of Pakistan Chamber of Commerce and Industry (FPCCI), Rasheed Paracha, former vice president, Mohammad Adnan Jalil, president, Tribal Area Chamber of Commerce (TACCI), Mohammad Shoaib, Mohmand Chamber of Commerce, Qaiser Khan and others.

The Chinese investors are carrying research on investment opportunities in various sectors of Pakistan and after conducting survey they will prepare a formal report, which will be followed by signing of agreements with different Pakistani companies.

A team of the Khyber Pakhtunkhwa Board of Investment and Trade (KP-BOIT) also held meeting with the Chinese investors and assured the provision of all kind of facilitation under the framework of the industrial policy of the province.

However, they stressed for the sharing of the profile of the company with BOIT. Meanwhile, on the invitation of the Chinese investors and delegation of the local investors headed by former vice president FPCCI, Mohammad Adnan Adeel will visit China next month.

 During the visit, investment agreements of over Rs.1 billion will be signed between Chinese and investors of Khyber Pakhtunkhwa.=DNA


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