Minister for Petroleum Dr Musadik Malik has invited Chinese enterprises, especially those from Shaanxi province, to invest in Pakistan’s energy and petroleum sectors.

He was addressing the China (Shaanxi)-Pakistan Conference for Economic and Trade Cooperation on the sidelines of 8th Silk Road International Expo at Xi’an, Shaanxi Province in China on Friday.

The Minister thanked the Shaanxi Government for inviting Pakistan as the Guest Country of Honor and for the facilitation in setting up the Pakistan Pavilion at the expo.

Musadik Malik said Pakistan’s participation in expo was a tangible follow-up of the visit of Prime Minister Shehbaz Sharif to Xi’an earlier this year.

He underscored that top companies from Pakistan specializing in upstream, mid-stream and downstream petroleum and coal companies are looking to work with Shaanxi Companies to collaborate through investment, joint ventures and technology transfer.

Dr Musadik Malik underscored on efforts to deepen provincial-level cooperation, with a focus on enhancing Business to Business linkages across sectors such as mining, petroleum and energy, and technology.

He reaffirmed Pakistan’s commitment to working together to create shared growth, sustainable development, and enduring friendship, based on win-win cooperation.