Wednesday, September 22, 2021

Meeting with PM improves Chinese investors' confidence: GT - Profit by Pakistan Today

Last updated Wednesday, September 15, 2021 10:04 ET , Source: TopWireNews

Several Chinese business leaders have expressed increased confidence in their operations in Pakistan after attending a meeting with Prime Minister Imran Khan that was aimed at addressing Chinese firms’ concerns regarding policy support and security after recent terrorist attacks, Global Times reported on Wednesday.
During the meeting with a delegation of Chinese business leaders, Khan vowed to chair a monthly self-review meeting to address their concerns sending a strong signal that the Pakistani government attaches great importance to Chinese companies.
Zhang Shilu, general manager of Zhengbang Agriculture Pakistan (Pvt) Limited, who attended the meeting, told the Global Times that the meeting was held in response to concerns that have gripped Chinese investors.
“Chinese enterprises encountered some difficulties in doing business in Pakistan and we expressed our expectations to the Pakistani Prime Minister, who showed that Pakistan attaches great importance to the development of Chinese enterprises in Pakistan. It greatly increases the confidence of Chinese enterprises,” Zhang said.
He added that at the investment meeting, representatives of Chinese enterprises voiced their hopes that Pakistan could introduce an industrial park management committee – a common practice in China – to simplify approval processes.
Zhengbang Agriculture currently produces pesticides, including insecticides, fungicides, and herbicides and fertilizers in Pakistan, which are used on all types of...

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