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$3 billion investment fund to Pakistan- Chinese Companies

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$3 billion investment fund to Pakistan- Chinese Companies


An association of Chinese companies is planning to bring a $3 billion investment fund to Pakistan, members of these companies had a meeting with Prime Minister Nawaz Sharif this week.

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Considering the high potential investment of the Chinese companies, the prime minister Nawaz sharif agreed that the Chinese firms could invest in Pakistan’s infrastructure development, energy and communication sectors.

Chinese President Xi Jinping waits to welcome French Prime Minister Manuel Valls at the Great Hall of the People in Beijing January 30, 2015. REUTERS/Fred Dufour/Pool

Praising the prime minister’s vision, members of the Chinese delegation exclaimed that they had plans to invest in infrastructure development and energy sectors.

They also said that they intend to explore the possibility of launching a new airline after securing required government permissions. Apparently, the Chinese companies investments are in Pakistan’s infrastructure, power, aviation and tourism sectors.

The prime minister mentioned that Pakistan was now among this year’s global top 10 improvers when it comes to Business in 2017.

He also mentioned that Pakistan’s investment policy was designed to provide a comprehensive sketch work for creating a conducive business environment for foreign direct investment (FDI), along with that he also said that Pakistan’s foreign reserves are increased to over $24 billion.

Luckily standard and poor ( S&P) has also upgraded Pakistan’s ranking from B- to B which surely an achievement for us as the nation.

We definitely congratulate our prime minister it’s because of his vision of economic prosperity that our infrastructure is improving on a very high scale and let’s not forget to mention that the Chinese delegates really praised the work of government on infrastructure and acquiring energy self-sufficiency.

Saba is an enthusiastic journalist with a Computer Science degree, that enables her to analyze latest happenings from a creativity techy perspective.

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