The Federation of Pakistan Chamber of Commerce and Industry and other chambers Tuesday, widely hailing billions of dollars of Chinese investment in different sectors in Pakistan, said it would help strengthen the national economy and accelerate the pace of development.
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Zubair Ahmad Malik and VP SAARC CCI Iftikhar Ali Malik said the successful visit of Prime Minister Muhammad Nawaz Sharif to China will usher an era of progress, development and prosperity in the country.
He said the announcement of the Chinese private sector of substantial investment in Pakistan and inking a number of MOUs for further improving economic ties between the private sector of the two countries would enhance the volume of trade.
Zubair said that all MoUs signed by the Chinese investors would be implemented in letter and spirit so that their fruits could be reaped timely.
The Pak economy can further be boosted if modern Chinese technology for exploiting minerals, natural resources, agriculture, livestock, communication, IT, water and power and other sectors is transferred on priority, he added.
