Pakistani Diplomat highlights investment opportunities to attract more Chinese capital

GUANGZHOU: “Pakistan is a land of investment opportunities, and we are keen to attract more Chinese investments to our country, which have already been instrumental in driving our economic growth,” highlighted Muhammad Iman, Trade and Investment Counselor at the Commercial Section of the Consulate General of Pakistan in Guangzhou, during a lecture jointly held by Chinese company Zhitong Batie and the Consulate General at the School of Business, Sun Yat-Sen University (SYSBS), on October 19.
Muhammad Iman, who has over 15 years of experience in tax policy, tax administration and the challenges faced by physical enterprises in Pakistan, stressed the importance of Chinese investment in fueling the country’s economic development.
“China has invested over $25 billion in various sectors such as energy, infrastructure, and manufacturing in Pakistan,” he stated. “This investment has not only created jobs and improved our infrastructure but has also significantly contributed to Pakistan’s GDP growth. We warmly welcome more Chinese companies to join us in our second green revolution.”
“Holding this lecture at SYSBS was especially meaningful, as it provided a platform for students and businesses to connect and explore potential collaboration opportunities,” said the counselor. Established in 1985, SYSBS is the second business school in China and the first in South China to earn the triple international accreditations of AACSB, EQUIS, and AMBA.
These accreditations reflect the school’s commitment to excellence in education and research, making it an ideal venue for hosting such a high-level investment promotion event.
During his lecture, Muhammad Iman emphasized Pakistan’s abundant natural resources, noting that the country is among the top ten global producers of essential resources. Salt, copper, coal, gold, cotton, milk, wheat, and the world’s fourth-largest IT workforce create a solid foundation for international investors looking to enter new markets. He also highlighted the 35 economic zones across Pakistan, particularly export processing zones and special technology zones, which offer a range of incentives for foreign investors.
To further promote bilateral trade and investment between Pakistan and China, Muhammad Iman announced plans for Pakistan-China B2B roadshows in China, focusing on various sectors, including fisheries in Qingdao, leather and footwear in Guangzhou, textiles in Wuxi, and surgical and medical equipment in Beijing, in the coming months of 2024. –Agencies