Chinese business group plans to invest in key sectors

ISLAMABAD: Hexing Electrical, a prominent Chinese business conglomerate, has shown interest in investing in critical sectors in Pakistan.

This expression of interest came from Liang Zhang Zhou, Chairman of Hexing Group China, during a meeting with Abdul Aleem Khan, Minister for Board of Investment and Privatization, in Islamabad.Chinese General Visits GHQ, meet to army chif asim munir

The Chinese delegation indicated their desire to invest in renewable energy and establish manufacturing plants.

Liang Zhang Zhou noted that Hexing operates factories in twenty countries and plans to set up facilities in Pakistan as well. He mentioned that they intend to build a plant for producing inverters and batteries.
The Federal Minister promised to provide support and incentives to Chinese and other investors in Pakistan. He welcomed the transfer of industries from China to Pakistan.

Abdul Aleem Khan highlighted that increased business activities and bilateral cooperation will enhance Pakistan-China relations. He added that numerous Chinese companies are forming joint ventures with the Pakistani business community.