Chinese companies have accepted the invitation to invest in Karachi

Chinese companies have accepted the invitation to invest in Karachi

Photo: Social media

Chinese companies accepted the invitation to invest in drinking water supply and other projects in Karachi.

Chinese companies have expressed keen interest in investments and joint ventures in Pakistan.

Prime Minister Shahbaz Sharif has invited leading Chinese companies to visit Pakistan and offered to work together on a 10,000 MW solar energy project.

Shahbaz Sharif has insisted on speeding up the work on Gwadar Airport and completing it this year.

The Chinese company has assured the completion of construction of Gwadar airport by the beginning of next year.

Prime Minister Shehbaz Sharif says that he is aware that there have been many problems in the past for which he apologizes, after assuming power on April 11, 2022, he resolved the problems faced by the companies, he has paid 160 billion rupees due to the Chinese companies. .

He said that 50 billion rupees have been paid yesterday, a revolving fund has been made from 50 billion rupees, the State Bank has made a revolving account on the instructions of Finance Minister Ishaq Dar, along with the payments, another 50 billion will be made. I will join.

Shahbaz Sharif says that there were problems in the past in payments of Chinese imported coal which is regrettable, Diamar will solve the land acquisition problems in Bhasha project.

He says that why there are some problems related to Mohmand Dam? We will find out and solve it. Water supply is a big problem in the city of Karachi with two million people. We are ready to work together with you along with the Sindh government. Is.

The President of Muslim League-N also said that he invites investment in wind power generation projects as well, by reducing the cost of fuel, huge foreign exchange will be saved on oil and gas, in collaboration with Chinese companies. We will work together to develop the relations between the two countries. Thank you for your interest in ML1 and other projects.

Prime Minister Shehbaz Sharif thanked China for helping flood victims in Pakistan.


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