FPCCI invites Sweden to invest in CPEC projects

From Mahnoor
Makhdoom

ISLAMABAD: Federation of Pakistan Chambers and Commerce and Industry (FPCCI) Chairman Qurban Ali on Wednesday urged for increasing the bilateral economic and trade relation between Pakistan and Sweden and also to increase the business to business connectivity among the business communities of the two sides.
The Chairman FPCCI also invited Swedish investors to join the grand mega project of China Pakistan Economic Corridor (CPEC) and CPEC related Special Economic Zones (SEZs) in different regions of the country. He was presiding over a meeting with the Ambassador of Sweden to Pakistan Henrik Persson along with senior business leaders including Coordinator Capital House, FPCCI Mirza Abdur Reham and others here in FPCCI Capital Office. Quran Ali also proposed the Ambassador to bring investment in the potential areas of Hydal Power, Tourism, Mines minerals, Transport and Housing sector to enhance the cooperation between both of the countries.
The business leader said that CPEC related Gilgit Baltistan (GB) Special economic Zone (SEZ) and others would increase the business and industrial cooperation between the business sector of Sweden and Pakistan. He said that Swedish investors and businessmen can invest and start Joint Ventures with local industrialists in Gilgit Baltistan, SEZ in value addition on agriculture, livestock, mines and minerals and milk products. He said that the GB region is a gateway for CPEC to provide opportunities to the Swedish business people to connect with China as well as regional countries including Central Asian Republics (CARs) to get benefits from their economies. While he said that in Gilgit Baltistan, there is huge potential of hydro power, which also supports any foreign investor for available cheap energy to the industrial sector and provides secure business opportunity. Qurban Ali also said that GB region has a huge potential of tourism and livestock as the region owns the 8 biggest mountains of the world including any raw material for the Industrial sector and agro- industries.