China investors keen to capitalise investment opportunities in Pak
ING (APP) - Leading industrialists, business executives and giant investors Friday called on President Asif Ali Zardari and discussed prospects and opportunities for augmenting Chinese investment in important sectors of the economy with an objective to further diversifying and expanding bilateral economic cooperation.
Those who held separate interactions with the visiting President at the State Guest House here, evinced keen interest to capitalise the investment potential in Pakistan.
Those who called on the President along with their respective delegations included Ma Zhigeng, Chairman NORINCO, Zhang Liansheng Chairman Poly Technologies, Liu Minkang Chinese Banking and Regulatory Authority, Yan Lijin, Chairman CETC and Fan Jixiang, President Sinohydro.
They expressed their readiness to upgrade and intensify cooperation in different fields including defence production, oil and gas, energy, poly-technologies, electronics, hydro power generation and other sectors.
Chairman, Northern Industries (NORINCO) Ma Zhigeng told the media persons that the existing size of investment by NORINCO was 30 million dollars which would be further increased in future, he added.
Yan Lijin, chairman CETC said that a special committee would be set up to prepare roadmap, design and plan for Thar Coal project.
The company also offered one million dollar for research work on this project. He said that he was honoured by the President for nominating him as member of the Board of Experts for Special Economic Zone in Pakistan. He said that MoU had been signed between China and Pakistan on Friday after meeting on Thar Coal Project.
Fan Jixiang, President SINOHYDRO said that SinoHydro had its presence in Pakistan since 1987 and had worked on various infrastructure project in Karachi. He said that the company had already an investment of dollar 200 million in different sectors in Pakistan and intended to further invest in important fields.