• Wednesday, July 24, 2019

Pakistan to follow Chinese examples of Industrialization: Chairman BoI

Discussion in 'Central & South Asia' started by beijingwalker, Jul 11, 2019.

  1. beijingwalker

    beijingwalker ELITE MEMBER

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    Pakistan to follow Chinese examples of Industrialization: Chairman BoI

    Imaduddin
    July 11, 2019

    ISLAMABAD: Chairman Board of Investment, (BOI) Zubair Gilani on Thursday said that Pakistan is deeply fascinated by China’s example of industrialization and economic wisdom.

    The China Pakistan Economic Corridor (CPEC) initiative and industrial cooperation between the two nations is the first step in transforming the lives of people of the two countries, he expressed these remarks while briefing a 50-member Chinese Investment delegation here at BoI office.

    The delegation was comprised of CEOs / General Managers of Businesses from the City of Chongqing, China said press release issued by BOI here.

    Secretary BOI, Omer Rasul, Additional Secretary BOI, Muhammad Saleem Ahmed Ranjha, Executive Director General BOI, Fareena Mazhar and President of Pakistan China Joint Chamber of Commerce and Industries Faisal Afridi were also present on the occasion.

    Zubair Gilani said that China Pakistan relationship transcends all differences; despite political differences among political parties in Pakistan, there has always been complete unanimity as to the importance and significance of China Pakistan’s Friendship.

    Chairman BOI stated that Pakistan to learn lessons from Chinese experiences in the development of the industrial sector.

    “Keeping in view its historical and cultural legacy, China is an inspiration for Pakistan and it has given a clear message to the world that anything is possible with the right leadership” he added.

    He further assured that his team at BOI would provide all-out support to the Chinese investors regarding investment opportunities in Pakistan.

    While head of the Chinese delegation Pan Guangfeng acknowledged the significance of Pakistan’s strategic location and the immense investment opportunities in the country.

    He also highlighted the potential role of BRI in contributing to the economic and social development of Pakistan and further explored the avenues of collaboration in technological innovation and up-gradation, job creation, e-commerce, and development of human resource capabilities through industrial cooperation between China and Pakistan.

    Mr. Guangfeng informed that the city of Chongqing is side by side with OBOR and a center of heavy industrial activity in central China, especially the automotive and electronics industries of the region along with 37 industrial parks.

    He highlighted that the investors could raise $ 300 million to $ 500 million for SEZ infrastructure development and an umbrella investment of $ 1-5 billion in several sectors.

    He hoped that Chinese investment in Pakistan would help to create 500-thousands of direct jobs for local youths besides the transfer of technology and raising of industries tech standards in Pakistan.

    Members of the visiting delegation personified immense experience in developing economic zones and expressed their intention to facilitate in the development of Special Economic Zones (SEZs) in Pakistan.

    While on the occasion, Secretary BOI, Omer Rasul, introduced his team of the Board of the Investment (BOI) which is the one window of the government of Pakistan for the facilitation of foreign and local investors in Pakistan.

    He accentuated that the BOI has especially set up a Chinese Project Management Unit (PMU) for a smooth transition of future cooperation.

    Rasul emphasized that the time to invest in Pakistan is now.

    He highlighted Pakistan’s reforms agenda such as steps to improve Pakistan’s ranking on the ease of doing business and structural changes in micro-economic sectors particularly industrialization in the country.

    He further said that Pakistan and China are agreed on CPEC next phase- Industrialization of Pakistan.


    https://www.brecorder.com/2019/07/1...e-examples-of-industrialization-chairman-boi/
     
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  2. litman

    litman SENIOR MEMBER

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    cost of electricity, gas, petrol, raw material going up on monthly basis. the pak government following somalian example of industrialization.
     
  3. Rusty

    Rusty SENIOR MEMBER

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    Pay your taxes and the prices will go down.
    Not rocket science.
     
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  4. Brass Knuckles

    Brass Knuckles SENIOR MEMBER

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    Chinese example is most important 1 child policy then self reliance
     
  5. litman

    litman SENIOR MEMBER

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    it is just a slogan to hide their failures. the nation is paying to the government on almost every item they buy from market.
     
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  6. Brass Knuckles

    Brass Knuckles SENIOR MEMBER

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    I know not even slogan bol chairman is not government
     
  7. Rusty

    Rusty SENIOR MEMBER

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    Slogan like "vote ko izat do" ?
    at least PTI slogans are for the nation and not for one fat troll at the top.

    And is the nation paying or are you paying by loosing your patwari money?

    Don't worry man, there are websites that can help you gain skills so you no longer have to be a paid shrill for Maryam.
     
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  8. litman

    litman SENIOR MEMBER

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    a muslim government cant enforce policy like 1 child policy. the decision of family planning rests with the parents only and not with the government.

    the worst part of the story is that if someone criticizes the government he is labelled as patwari or jiyala but the truth is that now ptians are exactly following the footsteps of patwaris or jiyalas.
     
  9. Brass Knuckles

    Brass Knuckles SENIOR MEMBER

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    As if everything else is Islamic about Pakistan but I know cheeni model can't be implemented in Pakistan qurbanian deni parti hain hain struggle karni hai which we Pakistanis don't know
     
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  10. Goku

    Goku FULL MEMBER

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    Biggest difference is the Chinese weren't concerned about land reforms as land was /is state owned and so acquisition was easy , again reforms were forced on people , they were brought to work in factories from villages , many Chinese sacrificed their lives to become what they are now , Chinese political system was/is quite stable ,hence could initiate all industrialization
     
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  11. Brass Knuckles

    Brass Knuckles SENIOR MEMBER

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    Because there was only one party in Pakistan there should be only party PTI breaking other parties should be priority of government

    But Pakistanis want others to change their lives without sacrificing anything
     
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  12. litman

    litman SENIOR MEMBER

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    what a logic. it means if i havent offered fajr prayer i should also skip other prayers as well. 21 gun salute. as far as sacrifice is concern why every government wants sacrifices from those who are already sacrificing? because they are easy to be subdued. the bigger crocodiles have their friends in india, arab world and US who will come for their rescue.
     
  13. Rusty

    Rusty SENIOR MEMBER

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    unlike your bap party, we actually want criticism.
    What you are doing is patwarism.
    You are blindly bashing PTI for not doing things in 11 months, what you bap Nawaz could not do in 40 years (on and off)

    We all know you are being paid so no point in hiding it.
    Don't worry, economy will get better in the next 5 years and then you can get an izat wali job,.
     
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  14. Crystal-Clear

    Crystal-Clear SENIOR MEMBER

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    not the richest one.
     
  15. Pakistansdefender

    Pakistansdefender SENIOR MEMBER

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    Asses like you see fault with everything.
    Why there is a huge amount of circular debt and why people do electricity theft .
    Does Govt like to increase electricity price .
    But how can a country work when it allows it people to do theft and then government pay circular debt.70 years no reform has been done and now when they are doing reforms people like you are making a Strom in a teacup.
    What your leaders have done in petrol bonanza.
    They have wasted the oil bonanza when prices of oil are so low .
    Now if prices of oil are high stop using oil.
    There is a nation called USA.
    When Arab countries decides to ban their oil , they decided not to use USA oil and they started walking instead of using fuel and they are super power now . and you lazy *** need subcidized fuel when you people don't want to pay taxes and don't want to stop doing theft .

    @khansaheeb bro these types of things are what cpec should focus on .

    Once a media cell worker(i.e zamir farosh) always remain a zamir farosh.
     
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