Jatoi urges Chinese businessmen to invest in auto market
ISLAMABAD: Industries and Production Minister Ghulam Murtaza Khan Jatoi on Friday urged the Chinese investors to invest in Pakistan’s growing auto market, especially in small cars, as there was a huge demand for small cars in the country.
He expressed these views while talking to a delegation of Chinese investors, led by China’s Hubei province vice governor, in a meeting held at the Ministry of Industries and Production. The minister said there was a huge potential of investment in manufacturing, engineering, mining, energy and infrastructure sectors of Pakistan. “CPEC has opened new horizons of industrial opportunities between China and Pakistan,” he added.
He also invited Chinese investors to invest in export processing zones and national industrial parks and urged them to harvest the benefits of investment friendly policies of the present regime. He lured the visiting delegation with new auto-policy, which he said was on cards. He briefly introduced new auto policy and benefits associated with new entrants. He also briefed the delegation about export processing zone and national industrial parks of Gawadar.
Hubei vice governor and other members of the delegation showed excitement for investing in the fast growing economy of Pakistan. Vice Governor Gan Rongkun said that industrialists and businessmen of Hubei were interested in every field from manufacturing to infrastructure building.
Federal Secretary Arif Azim and Engineering Development Board CEO Tariq Ejaz Choudhary were also present in the meeting. The federal secretary, in his concluding remarks, said that there was a massive movement in the country in the wake of CPEC and that there was a lot of room to build bridges between the two brotherly nations. He also hoped that industry-to-industry relation would help Pakistanis to learn a lot from the Chinese experience.