Chinese Company Announced Investment of 800 Million Dollers in Pakistan.

ISLAMABAD ( Web News )

MOU signed between FPCCI & Sichuan Geological Engineering Group China. FPCCI will provide complete coordination and every required cooperation with the said company including their security. Haji Qurban Ali Added here.

FPCCI Capital Office Islamabad Head, Haji Qurban Ali’s efforts and hard work for trade and industry development and to bring investment into country’s benefit now resulted positively.  China’s one of bigest investment group, Sichuan Geological Engineering announced investment of approx 800 million dollars in different regions of Pakistan.  An MOU signed between FPCCI Capital Office Head, Haji Qurban Ali and General Manager Mr. Li Qi of China Company.

FPCCI will provide every needed support to Chinese investment group in even government sector for any kind of NOC if required, Federal and Provincial Governments relationship coordination, and especially approach to Mines and Minrels Resources of the country’s any region or services they required will be provided by FPCCI, said Haji Qurban Ali.

Former President FPCCI Mr. Sajjad Sarwar, President Gilgit Chamber of Commerce and Industry Mr. Mushtaq Ahmed, President Ghizer Chamber of Commerce and Industry Mr. Sher Nabi, Skardu Chamber President Mr. Arif Malik and from Chinese side Chuang Guang of Sichuan Geological Engineering Group China, geological & mineral Co Pvt Ltd representative Mr. Li Qi, Li Song, Wingung Zhao, and Liv Ping were also present in the MOU signing ceremony. Pakistan is geographical and strategically has important position in the region and has vast opportunities in the sectors of manufacturing, textile, IT, Mine & Minerals, Gems Stone, Hydro Power, Tourism, Construction and other relevant industry and trade sectors for Investment. Pakistan is rich in natural resources, and to utilize these resources, interest of Chinese investors is very keenly increasing. FPCCI always support the investors from China and other countries in Pakistan. FPCCI in coordination with government of Pakistan always ready to facilitate and to provide complete cooperation to international investors. Haji Qurban Ali added here.

Gilgit Baltistan is Tax Free zone, where there is no tax on import of industrial machinery equipment, and for business reasons. Gilgit Baltistan is most peaceful region in the country, and is full of natural and mine resources, but lack of technology still is a major problem in GB. On the other side Chinese investors, Chuang Guang, Mr. Li Qi, Li Song, Wingung Zhao, and Liv Ping, said that, soon their technical team will visit Pakistan, and start work in Gilgit Baltistan. And will also facilitate local businessman in being equipped with latest technology to avail all mines and minerals opportunities as desired.At the end , Chinies investors thanked , Haji Qurban Ali for his supportive role in all the process. And wish that now and onwards, Pakistan and China will work together for development and investment enhancement in the region. Chinese Group added here.