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Chinese firms ready to invest in PIA for improving its performance
Qiao says Pakistan need to improve its transportation facilities, airport facilities
APP
ISLAMABAD – A number of leading Chinese firms have shown their interest to invest in Pakistan International Airlines (PIA) and Civil Aviation Authority (CAA) to improve facilities for the passengers and increase the number of flights to connect Pakistan with all over the world.
Pakistan just need some improvement in its transportation facilities, reservation system, airport facilities and technical know-how to get more destinations and enhance number of passengers through PIA, said Chinese company Sibol China Limited Managing Director Qiao Song while talking to APP here on Wednesday.
He is in Pakistan to look into prospects of joint venture with the PIA by Chinese firms. He said that Pakistan was situated at a very important geographical area and the PIA could take full advantage from this geographical situation to link the world. Qiao Song said that the PIA could also linked to about ten cities of China and these flights could go further to other destinations taking the advantage of close and strong ties of Pakistan and China.
He said that presently there were only three destinations which were being connected between Pakistan and China while these flights can be extended to ten cities to cater more business for the PIA. He said ticketing and reservation system of the PIA need to be improved so that it can be accessed from anywhere in the world for booking and checking the status of their booking.
Regrading problem of Union in PIA, he said that the union was not a problem for improving the PIA facilities as workers' union always very important segment of the organisation and helpful in implementing the policies of the administration. Sibol China Limited Chairman Yang Shu while giving his opinion said there were many Chinese companies already working in Pakistan and due to strong bilateral relations, there are very bright chances that more Chinese firms could come here to invest in various sectors especially in airline industry.
He said that some Chinese companies have already doing business and interacting with leading airline manufacturing companies including Boeing Company therefore, they can use their experience for transfer of technology to the staff of the PIA. Yang Shu said that maintenance of the aircraft and addition of new aircraft are very important and many Chinese firms are ready to help, assist and provide financial assistance to Pakistan in this regard.
Global Industrial Solution Chairman Mian Zia who had been doing business in China for last 25 years very successfully and motivating the new Chinese companies to invest and do business in Pakistan, while talking to APP said that there were wide scope for joint venture with many Chinese companies in different areas. He said aviation industry of Pakistan need some assistance, technical help and modern training to improve its standard equal to the world and Chinese Company Sibol China Limited is ready to invest in this sector.
He said that joint training programme with the cooperation from international standard institutions, the present workers of the PIA would be made more productive and useful segments for the airline to make it more progressive, energetic and profit making institution. Mian Zia said a group of experienced aviation industrial experts from China backed by world leading financial institutions, original equipments manufactured with business focus on new merging economic regions are interested to invest in Pakistan.
He said that an international logistic hub can be build in Pakistan including an international airport, an international seaport, regional railway and domestic tracking, ground network to connect regional economic centers with Asia, Africa, Middle East, Europe and America. Zia said that the newly build international hub, preferably in Gwadar will be used as a strategic global logistic distribution center for Eastern and Southern Asian countries and Ocean countries to connect effectively with Middle Eastern countries with extended linkage to Europe, North and South American countries.
Courtesy www.dailytimes.com.pk