China to invest $1 billion in multiple sectors under CPEC

Islamabad: In a meeting of the Chinese delegation from Chongqing with Planning Minister Makhdoom Khusro Bakhtyar, proposals were discussed in regards to exploring opportunities for future cooperation. China shows interest in investment worth $1billion in sectors of agriculture, automotive, textiles, IT and telecom.

invest with imarat

Islamabad’s emerging city centre

Learn More

In a talk over China- Pakistan Economic Corridor (CPEC) entering its second phase, the focus has to shift to industrial and agriculture cooperation developing Gwadar socioeconomically. In this regards China can help boost Pakistan’s exports as Chongqing is of the main centres of heavy industrial activity in automotive and electronics industries in China along with 37 industrial parks. It can help re-locate export-oriented industries in Pakistan. It will initiate joint ventures in multiple fields boosting cooperation and bilateral economic partnership between China and Pakistan.

Bakhtyar has assured of extending complete support and facilitation for China to invest further and boost its economic cooperation with Pakistan.

For news and updates keep on visiting Graana blog

Maham Tahir

Recent Posts

Rome’s Affordable Real Estate Draws Increasing Investor Interest

As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…

2 days ago

Dubai’s Second Tallest Tower Burj Azizi Shatters Records with Global Luxury Sales Launch

Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…

5 days ago

Real Estate Set to Surge as Government Plans to Scrap FED on Property Deals

The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…

6 days ago

Egypt Launches MLS-Powered Real Estate Platform for Transparency & Investment

Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…

6 days ago

CDA to Hold Open Auction for Commercial Plots in Islamabad from February 25

The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…

6 days ago

Islamabad’s Three Day Spring Festival Set to Wow Visitors with Cultural Showcase

The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…

7 days ago