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CPEC to reinforce economic development in Pakistan: PM
November 26, 2019

Prime Minister Imran Khan has invited the Chinese companies and investors to invest in diverse sectors of Pakistan.

He said this while talking to the President of China-Pakistan Friendship Association ambassador Sha Zukang who along with Chinese business delegation called on him in Islamabad on Monday.

The Prime Minister underlined that China Pakistan Economic Corridor is a transformational project.

He said that CPEC, a flagship project of President Xi Jinping's Belt and Road Initiative, is helping reinforce economic development not only of Pakistan but would also contribute to regional prosperity. He said its second phase will focus on industrialization, agriculture and socio-economic development.

Speaking on the occasion, Ambassador Sha Zukang underscored that Pakistan and China are All-Weather Strategic Co-operative Partners and their partnership is aimed at promoting peace, development and prosperity in the region.

He emphasized that the special relationship between the two countries is reflected in expression of warmth by Chinese people towards Pakistan at every occasion.

Ambassador Sha Zukang stressed that the Chinese investors are confident about Pakistan's economic potential and hoped that the economic relationship between the countries would reach the level of their excellent political relations.

Ambassador Sha's delegation includes companies related to real estate, construction, engineering, textile, IT and industrial sectors. The delegation visited Peshawar today and is also scheduled to visit Lahore, Karachi and Gwadar. The delegation will meet leading bankers, industrialists, entrepreneurs, financial experts, business chambers, and senior officials to deepen its insights and understanding of the economic opportunities in Pakistan.

(Haider, Imran)