President Asif Ali Zardari has said that there are great opportunities for the Chinese investors to take advantage of the special business and investment opportunities being offered by Pakistan.
He said this in a meeting with Asia Investment Houtang chairman Li Yan at the presidency on Thursday.
China Petrochemical Corporation DG Chen Qi, HOPU Investment chairman Fang Fenglei, Professor Tang and others were included in Li Yan’s delegation while KASB Finance chairman Arif Shah Bukhari was also present in the meeting.
Sindh Finance Minister Syed Murad Ali Shah, Special Secretary to the President Major (R) Haroon Rashid, Zulfiqarabad Development Authority MD Lt Gen (R) Iftikhar Hussain Shah and other senior officials were also present during the meeting.
The president, during meeting, said that Pakistan eagerly awaits Chinese investment in the new city Zulfiqarabad. He said the proposed city would be an engine of growth and would go a long way in generating economic activities. It would give tremendous boost to the social and economic uplift of the area besides creating enormous job opportunities, he said.
He appreciated the Chinese interest in the development of Special Economic Zones in the proposed city project. These Economic Zones would not be confined to industrial and economic activities but would cover the entire range of activities in a modern metropolis, he said.
He said the project would not only further strengthen Pak-China cooperative partnership but was also homage to the great leader Shaheed Zulfiqar Ali Bhutto who laid the foundation of strong Pak-Sino friendship.
He assured government’s full assistance and support for smooth operation of Chinese companies in Pakistan. He said that foolproof and enhanced level of security would be provided to the Chinese citizens in Pakistan.
ZDA Managing Director Lt Gen (R) Syed Iftikhar Hussain Shah, during the meeting, briefed about the progress made so far in the proposed project.
Li Yan thanked the president for meeting and for government’s assistance and facilitation in their business ventures in Pakistan.
