ISLAMABAD: The visiting delegation of CITIC, led by CLSA Chairman Zhenyi Tang, Asia’s leading Capital Markets and Investment Group and subsidiary of CITIC Securities called on Advisor to Prime Minister on Finance, Revenue, Economic Affairs Dr Miftah Ismail here on Tuesday.
Zhenyi Tang apprised the advisor that CITIC is the largest financial conglomerate in China with leading businesses in financial services, industry, resources and energy, agriculture and construction with operations in more than 20 countries in Asia, Australia, Europe and the United States. The chairman said that considering the tremendous potential of the Pakistani economy, CITIC is keen to invest in several areas including housing, construction, sovereign and Private Bonds issuance, agriculture and power sector.
Advisor appreciated the CITIC group for its intended Investment endeavours in Pakistan and assured full support and cooperation from the government of Pakistan. He also invited the group to explore the opportunities for investment in the capital market, infrastructure projects and possibilities of joint ventures with Pakistani partners.
The delegation agreed on the proposal of advisor to PM and informed that an expert delegation of CITIC would visit Pakistan soon to further discuss areas for cooperation with relevant officials of the government of Pakistan.
