A 20-member Chinese delegation led by Song Zhihui, professor and director of Pakistan Study Center of Sichuan University, visited the Rawalpindi Chamber of Commerce and Industry (RCCI) here on Saturday to explore business opportunities of joint ventures and trade partnerships in the field of construction, building materials, agriculture, Transportation, furniture and real estate sector.
Speaking at the occasion Song Zhihui said that they had come to Pakistan in pursuit of the objectives of China’s One Belt One Road (OBOR) project. He said that Chinese delegation had already visited different chambers, cities and observed good potential for Chinese investors in Pakistan’s building material, electronics, agriculture, transport and textiles sectors.
He said that Chinese entrepreneurs were looking for relevant partners in Pakistan to enter into joint ventures in building material, construction, real estate and other sectors for further strengthening bilateral cooperation between China and Pakistan. We are happy to see the improved security situation in Pakistan, he added.
RCCI President Raja Amer Iqbal in his welcome address said that China-Pakistan Economic Corridor (CPEC) has opened new horizons of long-term cooperation between China and Pakistan. It is a golden opportunity for Pakistan to revamp and revive its industrial sector, he added.
He stressed that Chinese investors should explore maximum joint ventures with Pakistani counterparts in CPEC projects. He said that many sectors of Pakistan’s economy including real estate, agriculture, construction, building materials, energy and infrastructure development offered lucrative investment opportunities to foreign investors and urged that Chinese investors should bring technology and machinery to Pakistan to set up industrial units.
Iqbal also gave a short summary of RCCI current and future programmes, including domestic and international exhibitions and trade fairs. He said the RCCI is ready to facilitate Chinese businessmen for business to business (b2b) meetings and matchmaking.
Vice President Asim Malik, former presidents, members of the executive committee, International Affairs Chairman Dr Inam, trade representatives and a large number of traders attended the meeting.
The delegation includes Hi Hongwu, vice chairman & CEO of China Building Materials Circulation Association; Wang Shufeng, chairman of Chengdu Farmer’s Market Association, He Yu, Lu Tao, Ren Yong, Luo Xianfeng from Chengdu Auto transportation (Group) company, Dai Desheng, Yang Shengli, among others.
