Summary Prime Minister Shehbaz Sharif invited Chinese firms to invest in Pakistan’s SEZs under CPEC 2.0, stressing cooperation in AI, IT, trade and industrial development.
BEIJING (APP) - Prime Minister Shehbaz Sharif on Tuesday highlighting the vast investment opportunities in Pakistan’s Special Economic Zones (SEZs) under CPEC 2.0, assured his government’s full support to Chinese firms for the promotion and expansion of their businesses and further strengthen bilateral economic, trade, and technological ties.
The prime minister, in his address at the IBI Corporation Headquarters here, underscored the importance of strengthening Pakistan-China economic and commercial cooperation, promoting bilateral trade and investment, and enhancing institutional linkages between the business communities of the two countries.
He noted that the deepening of such ties was a cornerstone of the All-Weather Strategic Cooperative Partnership.
Referring to the visit of IBI delegation to Islamabad a few weeks ago, he assured the company of every possible facilitation for the growth of its business activities in Pakistan.
He stated that under CPEC 2.0, Artificial Intelligence (AI) and Information Technology were among Pakistan’s four most important priority programmes that the government is pursuing on a fast-track basis.
Addressing the young participants present at the ceremony, he described them as talented entrepreneurs and experts in their respective fields, adding that government of Pakistan is undertaking extensive measures to provide technical training and skills development opportunities to young people of Pakistan.
“Youth is our future and Pakistan-China cooperation will further strengthen through their close close relations,” he added.
Inviting Chinese investors to visit the first Special Economic Zone near Port Qasim in Karachi, he said that the project spanned over 6,000 acres and was a highly promising initiative where modern infrastructure and facilities would be provided.
Earlier upon his arrival at IBI headquarters, the prime minister was received by Wang Shaofeng, Party Secretary of Fengtai District, Beijing along with the President of IBI Qian Xiaojun.
Over 150 companies and their representatives attended the thematic meeting about cross border industrial belt practices and further promoting China-Pakistan industrial collaboration.
