BEIJING, June 24 (APP): The China's top financial enterprise has assured for financing in major projects particularly in Financial Sector in Pakistan. The assurance was given when Pakistan's Foreign Secretary Salman Bashir met the chief of the China International Capital Corporation, Levin Zhu here, a senior official at Pakistan Embassy said Tuesday.
Zhu while appreciating the economic policies of Pakistan's government, announced that his organization would make massive investment particularly in financial sector that has great potential.
He said that there is big scope for investment in energy, power, mining, oil and gas exploration, infrastructure, agriculture and other important sectors.
The Foreign Secretary on the occasion informed that foreign investment is fully protected in Pakistan and all economic sectors are open to Foreign Direct Investment.
Pakistan makes no distinction between local and foreign investors, as 100% foreign equity, remittance of royalty, profits and dividends is allowed under Pakistani laws, he said.
He said that the establishment of Special Economic Zone (SEZ) would go a long way in facilitating Chinese investment in Pakistan.
For more on this article, please click on the following link: China's top financial enterprise to invest in Pakistan's financial sector; other key projects: APP
Wednesday, June 25, 2008
China's top financial enterprise to invest in Pakistan's financial sector; other key projects: APP
Thursday, June 19, 2008
Pakistan to help establish special economic zone for Chinese investors: Daily Times
ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani Wednesday said Pakistan would extend all possible help to establish the first-ever Chinese Overseas Economic Zone in the country.
PM welcomed the Haier Ruba joint venture and said the government would encourage more joint ventures to promote economic cooperation between the two countries.
Talking to Lu Keng, chairman of the Haier Group and Haji Koch Muhammad, chairman Ruba Group at PM House, he said joint ventures between the private sectors was the best way to promote trade and investment between our two countries.
He said foreign investment was fully protected in Pakistan and all economic sectors were open to Foreign Direct Investment.
Pakistan makes no distinction between local and foreign investors, as 100 percent foreign equity, remittance of royalty, profits and dividends is allowed under Pakistani laws, he said.
For more on this article, please click on the following link: Pakistan to help establish special economic zone for Chinese investors: Daily Times
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