In a move to bolster Pakistan’s economic landscape, Federal Minister for Communications, Investment Board and Privatization Abdul Aleem Khan and Minister for Commerce Jam Kamal Khan held crucial meetings in Beijing.
The aim was to attract investment and enhance bilateral trade between Pakistan and China.
During consultation with Li Kuang, Chairman of a leading Chinese group of companies, Abdul Aleem Khan discussed potential joint ventures. He emphasized Pakistan’s commitment to making the investment process smoother for both domestic and foreign investors.
“We are introducing unique features like Ease of Doing Business and a One Stop Shop to facilitate investors,” he said.
The minister highlighted the fast-paced development of the Pakistan Business Portal, designed to encourage and streamline investment. He assured that unnecessary obstacles would be eliminated, and online facilities would be enhanced to make the investment process more efficient.
He also announced special incentives and facilities for Chinese investments in Pakistan, aiming to create a more attractive investment environment.
The ministers also met with heads of various business groups in Beijing. Commerce Minister Jam Kamal Khan expressed Pakistan’s desire to promote bilateral trade activities with China, underscoring the importance of strong economic ties between the two nations.
Both ministers were optimistic about the outcomes of their visit. “A successful visit to China will have positive effects on investment in Pakistan,” they stated.
The Secretary Board of Investment and other senior officers were also present at these meetings, underscoring the high level of commitment from Pakistan’s government in strengthening economic collaboration with China.