Chinese businessmen offer to invest in proposed economic zone in Sindh

Chinese businessmen from Tianjin city have offered to invest in the proposed economic zone in Ketti Bander Thatta or in Chinese Special Economic Zone at Dhabeji.

An official delegation from the Chinese port city of Tianjin, led by Vice Chairman on External Affairs of Tianjin Municipal Government Chen Weiming discussed the matters related to investment in Sindh with Chairperson, Sindh Board of Investment (SBI) Naheed Memon here Friday.

The representatives of National Industrial Park (NIP), Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Karachi Chambers of Commerce and Industry(KCCI) and SBI officials were also present.

They discussed the matters about declaring Karachi and Tianjin as twin cities, promotion of industrial relations with Tianjin, establishment of special textile park in Sindh and investment in different sections including petrochemical, building material and steel.

Welcoming the Chinese delegation, the chairperson SBI said that Karachi is the port city, which is the largest city in Pakistan.

She appreciated the interest taken by the Chinese delegation for investment in various sectors in Pakistan. She also appreciated the offer of Chinese delegation to invest in the areas and agreed to further expedite the work in this regard.

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