Islamabad/Karachi (TDI): President Asif Ali Zardari has welcomed Chinese move for investment as a Chinese delegation expressed interest to invest one billion dollar to establish a medical city in Pakistan to advance the country’s healthcare sector.
Talking to the Chinese business delegation, led by the Chinese Consul General in Karachi, Yang Yundong, the president called for greater Chinese investment in diverse sectors of Pakistan’s economy.
.Zardari said it will help further boost economic and commercial cooperation between the two brotherly countries.
He emphasized the need for enhanced interaction between the people of the two countries, especially between the investors and businesses, to increase bilateral trade and economic relations.
The delegation also expressed interest to invest in diverse sectors of Pakistan’s economy, especially agriculture, livestock, energy, transport, and manufacturing.
Read More: Pakistan Seeks Chinese Investment in Offshore Wind Power
According to Radio Pakistan, welcoming the delegation, the President said that Pakistan and China shared commonalities of interest and views on important issues, besides enjoying deep-rooted and historic brotherly ties.
President on Pak-China Ties
Asif Ali Zardari said Pakistan and China have been close friends for decades, and it was his vision to develop Gwadar Port into a regional trade and economic hub.
Such a move would not only revamp communication and the regional connectivity but would also boost regional trade and economic activities as well as cooperation.
The President said that Pakistan would welcome Chinese investors and prefer to do business with China.
He said Pakistan is committed to facilitating and supporting Chinese investors in every possible way.
Also Read: Pakistan Seeks Chinese B2B Investments
The President highlighted that Chinese language courses have been introduced in Sindh, which would prove to be an important step towards strengthening people-to-people and cultural linkages between Pakistan and China.
Chief Minister Sindh, Syed Murad Ali Shah and provincial ministers also attended the meeting.
Chinese private investment is on increase in Pakistan’s various sectors. Chinese government has also launched multi-billion dollars projects in Pakistan including CPEC.
