• Friday, July 19, 2019

Chinese companies assure PM Imran to invest $5 billion in Pakistan

Discussion in 'Pakistan Economy' started by Reddington, Jul 12, 2019.

  1. Reddington

    Reddington FULL MEMBER

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    Chinese companies assure PM Imran to invest $5b in Pakistan



    [​IMG]

    ISLAMABAD: A delegation of Chinese companies called on Prime Minister Imran Khan today and assured him of five billion dollars' investment in Pakistan in the next three to five years, Radio Pakistan reported Friday.

    The business delegation included over fifty-five heads of various Chinese companies.

    The meeting was also attended by Adviser on Finance Abdul Hafeez Sheikh, Adviser on Commerce Abdul Razaq Dawood, Minister for Planning and Development Makhdoom Khusro Bakhtiar, Chairman Board of Investment Zubair Gilani and Chairman FBR Shabbar Zaidi.

    Chinese companies representing small and medium enterprises evinced interest in shifting industry to Pakistan.

    In his remarks on the occasion, Prime Minister Imran Khan said Pakistan and China enjoy strong bonds of friendship. He said China has always stood by Pakistan in the hour of trial.

    The prime minister said we are impressed with the vision and sagacity of Chinese leadership especially their strategy regarding peace and development, governance and lifting the people out of poverty. He said Pakistan wants to take benefit from Chinese experiences.

    On the occasion, the Chinese Ambassador to Islamabad appreciated the steps taken by the government to encourage investment and the facilities being extended to the foreign companies for doing business in Pakistan.

    The Chinese Ambassador said his country will fully cooperate with Pakistan to strengthen its industrial sector and promote business activities in order to realize the dream of a ‘Naya Pakistan’, which is strong and prosperous.

    https://www.thenews.com.pk/latest/4...nies-assure-pm-imran-to-invest-5b-in-pakistan
     
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  2. 313ghazi

    313ghazi SENIOR MEMBER

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    Lets hope this happens. We need companies investing to generate jobs.
     
  3. thebaj

    thebaj FULL MEMBER

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    We need more details. Pakistani journalism is so basic. This report should have contained which sector these companies represented and how much will be invested in each sector. That kind of information is what professionals need in forming an optimistic view of Pakistan's current business outlook. these kind of basic PTV style reports need to be discouraged. we need to up the ante in business journalism arena
     
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  4. Syed1.

    Syed1. SENIOR MEMBER

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    Bhai just be happy that the journalist managed to put together a report without horrifying grammatical and spelling mistakes and the article made sense for the most part. The kind of jahalat these journalists in Pakistan exhibit it is too much to ask for the kind of details you are looking for.
     
  5. touela

    touela FULL MEMBER

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    Agree with you. We should write to Pak news sites on both FB and twitter. So NOT only the news ppl but the whole world se the criticism of them
     
  6. Patriot786b2

    Patriot786b2 FULL MEMBER

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    On the one hand we have corruption money in media full of traitors on the other hand we have issues of jahilath.