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PM Nawaz lauds Chinese investment in Pakistan

29 August, 2013

Prime Minister Nawaz Sharif meeting delegation of National Development and Reform Commission of China at the PM office.
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ISLAMABAD: Prime Minister (PM) Nawaz Sharif on Wednesday said that Pakistan attaches great importance to its friendship with China and appreciates the interest of Chinese companies to invest in development projects in Pakistan.

He was talking to a delegation of the National Development and Reform Commission (NDRC), China, which was led by its Vice Chairman Zhang Xiaoqiang.

The PM deliberated upon the timelines of various projects and said that Pakistan accords top priority to the Pak-China Economic Corridor, and the projects of motorways and energy production.

The PM thanked the delegation for showing interest in the projects that were vital for the economic growth of Pakistan.

Planning and Development Minister Ahsan Iqbal apprised the PM about the details of the meeting held between the government of Pakistan and the NDRC. He said that a Joint Working Group (JWG) and a Joint Expert Group had already been established and regular meetings would be held between the two sides.

The NDRC vice chairman said that there was a wave of excitement among the Chinese companies who were eager to work on projects in Pakistan. He also said that apart from power generation projects, China was also interested in the projects of power transmission. Zhang assured that projects undertaken would be completed within the stipulated time.

End.

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