Daily Times

It is the right time for Chinese investors to earn lucrative returns on their investments in Pakistan and FPCCI assures to connect the Chinese investors with right partners in Pakistan for joint ventures, this was stated by Karim Aziz Malik Chairman FPCCI Capital Office while meeting Chinese delegation who visited FPCCI Capital Office under the leadership of Mr. Zhang Yang, Director Chongjiang Federation of Investment and Commerce & Chairman of Chang Jiang Management Company. On this occasion Ashfaq Ahmed, Vice President and Chairman of Coordination Capital Office Malik Sohail Hussain, Tariq Sadiq, and others were also present.

Addressing the delegation, Mr. Karim Aziz Malik further said that Pakistan provides attractive incentives and liberal policies for investment in all sectors of the economy for foreign and local investors. These incentives are available in special schemes and in traditional as well as non-traditional sectors of the economy which offer great opportunities to the business community to invest in the country and to have maximum profit on their investments.

Mr. Karim Aziz Malik briefed the delegation that Pakistan’s top exportable items include textile made-up, cotton, knitted and non-knitted apparel, Rice, Pink Salt, Plastic Articles, Leather Articles, Automobiles, Mining, Gems Stones, among many others. He further said that most of Pakistan’s textile products are exported to Europe and America, but the textile industry is hoping to boost exports to China. Chairman Capital Office said that Pakistan is the world’s 10th Largest Producer of rice. Pakistan’s exports make up more than 8% of the world’s total rice trade. Pakistan’s export of broken rice to China has increased substantially.

He further said that Pakistan is the world’s sole producer of pink Salt. The global market for pink salt is approximately $12 billion. He invited Chinese investors to the emerging and fast-growing sector of Pink Salt for investment and joint venture. He informed That the season of Cherry has going to start in our Gilgit Baltistan and many Chinese delegations has visited the orchards of Cherries and they had shown their keen interest in importing Cherries form Pakistan. Ashfaq Ahmed Vice President FPCCI stressed on the importance of interaction between business people, expansion of trade and creation of joint ventures investment between both nations. He further said that in future, Pak China collaboration would largely be dependent on the active participation of their private sector enterprises. Both side governments should play the role of facilitators to private sector collaboration to enhance their role for promoting bilateral trade and investment.

Malik Sohail Hussain, Chairman Coordination FPCCI Capital Office briefed the participants about business opportunities and investment potential in various sectors of Pakistan’s economy.