PM welcomes Chinese company Sinovac’s interest for joint venture in disease diagnosis

Author: APP

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday welcomed the China-based biopharmaceutical company Sinovac over its keen interest in a joint venture to diagnose, prevent and treat diseases by investing in Pakistan.

In a meeting with a delegation of Sinovac, the prime minister said the government would extend all possible cooperation in this regard.

The meeting was attended by General Manager Sinovac Qiang Gao, Director International Business Kevin Zhang, Federal Minister for Health Abdul Qadir Patel, Executive Director National Institute of Health Major General Professor Amir Ikram and relevant senior officials.

The prime minister was briefed on the vaccine provided by Sinovac to Pakistan during the COVID-19 vaccination campaign. The prime minister directed the Federal Minister of Health to immediately form a task force in this regard so that Sinivac could start work on the project soon.

PM Sharif said to increase the foreign direct investment in the country was one of the top priorities of the government. He said Pakistan valued the ​​assistance extended by China during the pandemic.

Share
Leave a Comment

Recent Posts

  • Business

Stocks reach new record high with 500-point rally

The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining…

1 hour ago
  • Business

KP govt asked to abolish 2% cess on exports

Members of the Sarhad Chamber of Commerce and Industry (SCCI) Executive Committee on Friday demanded…

1 hour ago
  • Business

Gold prices up by Rs1,300 to Rs267,700 per tola

The price of 24 karat per tola gold increased by Rs.1,300 and was sold at…

1 hour ago
  • Business

Weekly inflation up by 0.55pc

The weekly inflation, measured by the Sensitive Price Indicator (SPI), went up by 0.55 percent…

1 hour ago
  • Business

Rupee gains 8 paisa against dollar

The Pakistani rupee on Friday appreciated by 08 paisa against the US dollar in the…

1 hour ago
  • Business

Commerce minister pledges support for textiles sector

Federal Minister for Commerce Jam Kamal Khan on Friday pledged support for textiles and apparel…

1 hour ago