KARACHI: Foreign investors would get unwavering support, according to Prime Minister Shehbaz Sharif, who also assured resource availability.
During his visit to the friendly nation, the premier praised China’s developmental accomplishments as model examples while attending the Pakistan-China Business Forum in Shenzhen on Wednesday.
PM Shehbaz emphasised during his speech at the summit the value of promoting more investment and strengthening ties between the two countries.
He reaffirmed the government’s commitment to provide the required facilities to international investors and companies and announced the creation of a business council to encourage investments in Pakistan.The Prime Minister emphasised Pakistan’s wealth of resources and the country’s potential for economic expansion.
In reference to security issues, Sharif conveyed his sympathies over the unfortunate event in which five Chinese nationals perished due to terrorism in Besham.
He reiterated China’s position as Pakistan’s reliable friend and ally, providing assistance in difficult circumstances, such as during hostilities, natural catastrophes, or on international fora.
The Prime Minister committed to prioritising the safety of Chinese nationals employed in Pakistan by assuring them of increased security measures.
In a meeting with Transsion Holdings’ founder and chairman, Zhu Zhaojiang, the premier expressed appreciation for the company’s desire to increase its investments in Pakistan’s mobile manufacturing industry and investigate prospects in electric motorcycles, contemporary agriculture, and fintech.
Shehbaz Sharif instructed the appropriate authorities to work with Transsion Holdings to create a plan of action.
Speaking on the problem of inflation, Finance Minister Muhammad Aurangzeb said that steps taken by the government have produced encouraging economic data, such as a narrowing of the current account deficit.
Pakistan’s investment potential, especially in IT and natural resources, was underlined by Foreign Minister and Deputy Prime Minister Ishaq Dar, while Pakistani Ambassador to China Khalil Hashmi cited Shenzhen’s advancements as an example of how the two countries should collaborate.
