News
December 13, 2024
Chinese Team Keen to Invest $1Bn to Set up Medical City in Pakistan
Islamabad: A Chinese delegation visiting Pakistan has expressed interest in investing $1 billion to establish a medical city to advance the healthcare sector in the country.
The delegation also expressed interest in investing in diverse sectors of Pakistan’s economy, especially agriculture, livestock, energy, transport, and manufacturing.
Led by the Chinese Consul General Yang Yundong, the delegation called on President Asif Ali Zardari at the Bilawal House in Karachi on Thursday.
Chief Minister Sindh Syed Murad Ali Shah, Minister for Transport and Information Sharjeel Inam Memon, Minister for Energy, Planning and Development Syed Nasir Hussain Shah and Special Assistant to the Chief Minister for Investment and Public Private Partnerships, Syed Qasim N Qamar, also attended the meeting.
Welcoming the delegation, President Zardari said that Pakistan and China shared commonalities of interest and views on important issues, besides enjoying deep-rooted and historic brotherly ties. “We have been close friends for decades, and it was my vision to develop Gwadar Port into a regional trade and economic hub that would not only improve regional connectivity but would also boost regional trade and economic cooperation,” he stated.
The president said that Pakistan would welcome Chinese investors and prefers to do business with China. He stated that Pakistan was committed to facilitating and supporting Chinese investors in every possible way.
The president highlighted that Chinese language courses had been introduced in Sindh, which would prove to be an important step towards strengthening people-to-people and cultural linkages between Pakistan and China. - The News
Courtesy The News
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