Business

KARACHI – During brief discussion, the TCC and FPCCI agreed in principle to establish and exchange investment missions to further enhance the investment relations between the two countries

A delegation  led by Li-Jial Director of China Tianchen Engineering Corporation (TCC) in China visited Federation of Pakistan Chamber of Commerce and Industry (FPCCI).The Delegation was welcomed by President FPCCI  Zubair F. Tufail

Li-Jial highlighted that Pakistan and China enjoy close and friendly ties since the establishment of the bilateral Trade and investment between the two countries. She further said that TCC has vast experience and would like to invest in Pakistan to enhance the investment opportunities and China is already extending cooperation in different sectors in Pakistan.

FPCCI President,  Zubair F. Tufail said that Pakistan gives great importance to its relations with China as China is an important friend of Pakistan.

He added that  Chemical manufacturing Association is not fully aware about investment opportunities, since TCC has great experience in Oil Refinery they should  guide us regarding Oil Refinery, Energy Sectors, chemical complexes and other projects to explore investment opportunities mutually beneficial to both the countries.

He urged to identify the areas to discover the new locations for investment in Karachi. President FPCCI  He said that FPCCI has discussed with government to earmark 500-1000 acre of land for the establishment of separate port near Karachi including chemical complexes.

President FPCCI  Zubair F. Tufail assured full support from relevant ministries and he also invited the TCC delegations to sign MOU with Federation of Pakistan Chambers of commerce and Industry that would prove a giant leap towards enhancing investment relations between two countries.-Online