ISLAMABAD: A high-level Chinese delegation led by Group Chairman Wang Jianbin met with Minister for the Board of Investment (BoI), Qaiser Ahmed Sheikh, to discuss potential investment opportunities in Pakistan.
During the meeting, the Chinese side expressed strong interest in setting up a solar panel manufacturing facility in the country.
The delegation indicated plans to invest billions of dollars in Pakistan’s solar power sector as well as other advanced technology industries. Minister Qaiser Ahmed Sheikh welcomed the proposal, describing the current period as an ideal moment for foreign investment in Pakistan.
He emphasized the government’s ongoing efforts to create a more business-friendly environment, highlighting recent reforms introduced by the prime minister. These include the establishment of a Single-Window Business Facilitation Centre (BFC) aimed at simplifying and accelerating investment-related procedures.
To support potential investors, the BoI informed the delegation that up to 6,000 acres of land could be allocated for large-scale projects. Discussions also covered the outcomes of the second Pakistan-China B2B Investment Conference held in Beijing in September, which resulted in agreements and joint ventures valued at approximately $8.5 billion across key sectors.
The minister further briefed the delegation on the benefits offered by Special Economic Zones (SEZs), such as a 10-year income tax exemption for investors. He noted that Pakistan’s economy is showing signs of stabilization, pointing to a significant rise in the stock market index over the past year.
Qaiser Ahmed Sheikh reaffirmed that sectors including agriculture, renewable energy, information technology, chemicals, and manufacturing present substantial growth and export opportunities for international investors.
