A Chinese delegation led by Fang Song Bin, Chairman, Shenzhen Domhke Group Co Ltd visited the Board of Investment (BoI) and met with Additional Secretary BoI Shah Jahan Shah.
The delegation, comprising of different sectors: the auto sector, hilal meat and solar system etc. The leader of the delegation appreciated efforts of BoI, facilitating their visit to Pakistan.
The additional secretary welcomed the Chinese delegation, explained about the general investment climate of Pakistan and highlighted the importance of Chinese investment in Pakistan.
The delegation was given a detailed briefing about Pakistan investment policy, different investment opportunities in Pakistan through a documentary.
Shah Jahan Shah encouraged the Chinese side for their visit to Pakistan. He emphasised on the Automotive Development Policy (2016-2021). He also added that the new Automotive Development Policy 2016-2021 has been approved by the ECC in its meeting held on March 18, 2016.
He added that there are two kinds of investment categories. The first one is Greenfield Investment and the second one is Brownfield Investment.
After a detailed briefing, the Chinese side shared their information regarding their land which has already been purchased and located in Lahore for the purpose of this project. They showed a keen interest in initiating operations in Pakistan regarding automobile, hilal meat and solar system.
