Federal Minister for Industries and Production Rais Ghulam Murtaza Khan Jatoi said on Friday that Chinese investors should invest in Pakistan’s growing auto market, especially in small cars as there was a huge demand for such cars in the country.
He expressed these views while talking to a delegation of Chinese investors led by Vice Governor of Hubei province of People’s Republic of China in a meeting held at the office of ministry of industries and production.
Ghulam Murtaza Khan Jatoi said there was a huge potential of investment in Pakistan in manufacturing, engineering, mining, energy and infrastructure. “The CPEC has opened new horizons of industrial opportunities between China and Pakistan,” he added.
He also invited Chinese investors to invest in export processing zones and national industrial parks and urged to harvest the benefits of investment-friendly policies of the present regime. He informed the visiting delegation about new auto-policy, which he said was on the cards.
The minister briefly introduced new auto policy and benefits associated with new entrants and briefed the delegation about export processing zone and national industrial parks of Gawadar.
The vice governor of Hubei and other members of the delegation showed their excitement for investment in the fast growing economy of Pakistan. Vice Governor Gan Rongkun said that industrialists and businessmen of Hubei were interested in every field from manufacturing to infrastructure building.
Federal Secretary Arif Azim, and CEO Engineering Development Board Tariq Ejaz Choudhary were also present in the meeting.
The federal secretary said there was a massive movement in the country in the wake of CPEC and that there was a lot of room to build bridges between the two brotherly nations. He also hoped that industry-to-industry relation would help learn a lot from Chinese experience.
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