By Zafar Hussain

 

BEIJING, Sept. 28 (China Economic Net) - Abdul Aleem Khan, Pakistan's Federal Minister for Investment and Privatization, Minister for Board of Investment (BOI) and Minister for Communications engaged over 30 top Chinese entrepreneurs in various sectors to invest in Pakistan on Friday.

 

Addressing the "Business Roundtable with Pakistan Minister for Investment" at Pakistan's Embassy in Beijing, Minister Aleem Khan said that he is pleased to see that more than 30 Chinese companies are here in important sectors such as construction, logistics, pharmaceuticals and medical devices, technology, agriculture and automobile industry. He welcomed all and was eager to have their investment in Pakistan.

 

"CPEC has already delivered results in transport infrastructure, connectivity, and energy generation. As we advance the next phase of high-quality development of CPEC, our joint focus is on industrialization, especially through focuses B2B cooperation, the development of SEZs, Export Processing Zones (EPZs), and the Gwadar Free Zone," he stated.

 

He said Pakistan's renewable energy sector also holds great promise, with an estimated potential of generating 3,300 GW of electricity. The energy consumption is expected to increase further by 1.5 times by 2030. "Pakistan also boasts a vast agricultural potential possessing 9.1 million hectares of arable land and 22.4 million hectares of rangeland for the livestock. By leveraging China's advanced agricultural technologies and food processing capabilities, Pakistan can be transformed into a regional hub for agriculture and livestock industry", the Minister added.

 

He mentioned that Pakistani Government has already launched a solarization drive to promote environment-friendly energy solutions and reduce reliance on imported fossil fuels, with special incentives provided for solar panel manufacturing in the country. 

Sun Deshi, Deputy Mayor of Linyi Government, Shandong Province and Li Shuang, Mayor of Daming County, Hebei Province showed their willingness to invest in Pakistan.