Islamabad: Federal Minister for Board of Investment, Privatization and Communications, Abdul Aleem Khan, highlighted the significant investment opportunities in Pakistan during a virtual address at the International Fair for Trade in Services in Beijing. Over 150 Pakistani companies are participating alongside more than 2000 entities from 107 countries, emphasizing the country’s rich resources in coal and copper, and the low-cost industrial environment compared to North America and Europe.
According to Press Information Department, Minister Abdul Aleem Khan pointed out Pakistan’s robust potential in agriculture, livestock, food processing, and minerals during the expo. He noted that Pakistan holds the second-largest coal reserves globally and the seventh largest copper stock. The minister also acknowledged the growing strength of the historical friendship between China and Pakistan, which continues to be bolstered by projects under the China-Pakistan Economic Corridor (CPEC) in areas like transport, infrastructure, energy, and communication.
He further lauded the efforts of Pakistani companies for their extensive participation and the Pakistani Embassy in Beijing for facilitating such a representation. Khan’s address reflected on the beneficial impacts of the Prime Minister’s recent visit to China, which catalyzed bilateral investments and business advancements. He reassured continued support for Chinese investments in Pakistan, particularly through initiatives like Special Economic Zones, Export Processing Zones, and the Gwadar Free Zone.