Chinese Investors Are Keen On Setting Up Industrial Park In Pakistan

Since the Chinese government chose to revive the old Silk Route under the new idea of "One Belt – One Road" to link 26 countries with each other, Pakistan has all of a sudden turned into an essential piece of this chain. The China Pakistan Economic Corridor (CPEC) is the most vital segment of this "One Belt – One Road" activity. CPEC is a blend of tasks including optic fiber cable, roads, railway tracks, a dry port, and energy producing units.

Key Chinese investors comprehend the significance of CPEC venture and are planning to quickly set up industrial parks and power generation plants. They also plan on conducting several joint ventures in various regions across Pakistan as they consider this nation as a potential market for business and investment.

Deng Jihai, chairman of International Green Economy Association of China observed this while tending to a delegation which comprised of representatives of different sectors such as biomass energy, power generation, industrial park development, horticulture, food processing, logistics, textile and garments, consultation, medical sciences, etc.

Jihai's association has already brought three delegations to Pakistan to study Pakistan's market and the opportunities for investment and joint ventures in China Pakistan Economic Corridor (CPEC).

The members of the delegations were interested in setting up units of their relevant sectors in Pakistan such as power plants, food processing units, and ship construction, etc. ICCI members additionally demanded that Pakistan should likewise send its delegations to China as this nation holds various investment opportunities for Pakistani investors.

Pakistan's private sector was already hugely interested in going into joint ventures with Chinese business community in various departments and CPEC has put the two nations in a long-term partnership. The volume of trade between Pakistan and China was developing relentlessly, however, the balance of trade was intensely in favor of China. China was making imports of billions of dollars consistently to address issues of its residential industry and emphasized that it should concentrate on enhancing imports from Pakistan to lessen the current trade imbalance with Pakistan.

ICCI guaranteed to give all conceivable participation to Chinese investors, who are keen on putting resources into Pakistan.