China and Pakistan have studied the development of the CPEC and Special Economic Zones

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 China and Pakistan have studied the development of the CPEC and Special Economic Zones


Pakistan and China yesterday reviewed the progress of the Sino-Pakistan Economic Corridor (CPEC) and Special Economic Zones (SEZs) and discussed future plans to complete these projects.

Both parties examined the progress of the CPEC and the SEZ, and in particular the Rashakai, Allama Iqbal, Dhabedji and Bostan SEZ. According to the official statement of the Investment Board (BOI), they also expressed satisfaction with the performance so far.

The sixth meeting of the Joint Working Group (JWG) was co-sponsored by Yare Xiong, Secretary of the Investment Council (BOI) Fareena Mazhar and Director-General of the National Commission for Development and Reform (NDRC).

Representatives of the Pakistan Embassy in Beijing and the Chinese Embassy in Islamabad also attended the meeting with other JWG members. Unlike previous JWG meetings, the sixth JWG meeting will actively participate and the presentation of the provincial NDRC in China will strengthen cooperation between companies and companies at the provincial level between the two.

Jiangsu, Zhejiang, Shandong and Guangdong have promised to encourage their companies to develop BOI relations and invest in Pakistan. The provincial NDRC has also decided to establish a partnership with the provincial BOI in Pakistan in a joint effort to bring meaningful foreign direct investment (FDI) and accelerate B2B business. The Chinese side has shown great interest in Pakistan's mining sector, and the Chinese Geological Survey and the Metallurgical Corporation have submitted proposals for cooperation in this sector.

In addition, the Pakistan Mineral Development Company (PMDC) provided a detailed presentation that highlighted the sector's and investment opportunities for Chinese investors. In addition, the Investment Board presented proposals for the construction of a government-based SEZ (G2G) and a CPEC Tower in Islamabad.

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