KARACHI: A Chinese business delegation has expressed interest in investing $1 billion to establish a medical city in Pakistan to enhance the country’s healthcare infrastructure.
The delegation also expressed interest in investing in diverse sectors of Pakistan’s economy, especially agriculture, livestock, energy, transport, and manufacturing sectors.
Led by the Chinese Consul General in Karachi, Mr. Yang Yundong, the Chinese delegation on Thursday met President Asif Ali Zardari at Bilawal House, Karachi.
The meeting was also attended by Sindh Chief Minister Syed Murad Ali Shah, Transport Minister Sharjeel Inam Memon, Energy and Planning Minister Syed Nasir Hussain Shah, and Special Assistant for Investment Syed Qasim N Qamar.
During the meeting, President Zardari called for greater Chinese investment in diverse sectors of Pakistan’s economy to boost economic and commercial cooperation between the two brotherly countries.
The President also emphasized the need for enhanced interaction between the people of the two countries, especially between the investors and businesses, to increase bilateral trade and economic relations.
President Zardari said that Pakistan and China shared commonalities of interest and views on important issues, besides enjoying deep-rooted and historic brotherly ties.
“We have been close friends for decades, and it was my vision to develop Gawadar Port into a regional trade and economic hub that would not only improve regional connectivity but would also boost regional trade and economic cooperation,” President Zardari stated.
The President said that Pakistan would welcome Chinese investors and preferred to do business with China. He stated that Pakistan was committed to facilitating and supporting Chinese investors in every possible way.
President Zardari highlighted that Chinese language courses had been introduced in Sindh, which would prove to be an important step towards strengthening people-to-people and cultural linkages between Pakistan and China.
