Chinese companies due on Jan 18 for ‘matchmaking’



While there may be many reservations on the China Pakistan Economic Corridor (CPEC) in the political circles in Pakistan, the Chinese side remains committed to the project as a large delegation of the Chinese corporate sector is coming to hold talks with Pakistani companies on joint ventures, outsourcing and green field investments on January 18.

Around 100 prominent Chinese companies from energy, textiles, agriculture, engineering, telecommunication, mining and construction sectors are due for a week-long visit where they will hold B2B talks with Pakistani corporate sector on trade and investment related issues.

Their visit will kick off with a Business Opportunities Conference on January 18-19 at Islamabad. The conference is being organised by the Ministry of Commerce with the support of Board of Investment, Trade Development Authority of Pakistan and the World Bank.

The Chinese delegation consisting of CEOs and corporate executives will then proceed to Lahore where B2B sessions will be held with prominent industrials and businessmen of the province on January 20. The Chinese delegation will also visit the industrial areas in Punjab on January 21.

On the final leg of their journey, the Chinese delegation will have a meeting with officials of the Pakistan Business Council on January 22 in Karachi.

China is a major trading partner of Pakistan and their bilateral trade was $12.29 billion in fiscal year 2014-15.