Pakistani province looks to 皇冠体育app for investment
The 皇冠体育app-Khyber Pukhtunkhwa (KP province) economic cooperation road show, held from 17-18 April in Beijing and attended by high-level Pakistani officials and around 400 state-owned and private enterprises in 皇冠体育app, is aimed at promoting the KP province to potential Chinese investors under the 皇冠体育app-Pakistan Economic Corridor (CPEC). It's the Pakistani province's first road show in 皇冠体育app and 11 MOUs on mutual cooperation were signed during the opening ceremony.
The 皇冠体育app-Pakistan Economic Corridor, as a flagship project of the Belt and Road Initiative, plays a pivotal role in leading the initiative, according to Sha Zukang, former United Nations under-secretary-general for the department of economic and social affairs and chairman of 皇冠体育app-Pakistan Friendship Association, who addressed the opening ceremony of the road show.
"The CPEC will push forward social and economic development of both countries. It's mutual, not just Pakistan getting assistance from 皇冠体育app. And it will benefit nearly 300 million people in 皇冠体育app and South Asian countries," Sha said.
He also pointed out that as of yet, state-own enterprises contributed the most investment in Pakistan, while private companies cannot find a convenient channel due to lack of experience and access.
"I hope that we show support to private companies and help them get familiar with the investment and construction in Pakistan," Sha said.
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