Fortune 500 Chinese firm eyes investment

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ISLAMABAD:

Special Assistant to the Prime Minister (SAPM) Haroon Akhtar Khan held a meeting with representatives of Fortune 500 Chinese company Xiamen C&D, during which the company expressed strong interest in making large-scale investments in Pakistan.

The meeting was attended by Chairman Export Processing Zones Authority (EPZA) Freedoon Akram Sheikh, according to a statement issued on Wednesday.

Xiamen C&D conveyed its interest in investing in Pakistan's automobile, steel and iron sectors. The SAPM said Xiamen C&D is a globally renowned company with a strong presence across international supply chains, steel, minerals, automotive, real estate, international trade and logistics.

Akhtar assured that Chinese investors will be provided full government facilitation and support. He said that under the prime minister's directives, the National Industrial Policy will further empower industries and investors. The SAPM emphasised that the government will work closely with Xiamen C&D to advance investment opportunities.


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