Chinese company to setup $300 mln steel plant in Pakistan

December 17, 2018: A Chinese delegation met with Finance Minister Khyber Pakhtunkhwa Taimur Saleem Khan Jhagra to discuss investment opportunities in various sectors of the province on Monday.

During the meeting, the delegation led by Zhao Yongping expressed its interest in pumping investment in mines and mineral department and tourism sector of the province.

The delegation informed that the company intends to set up a steel plant and invest up to $300 million worth investment in Pakistan, adding that the visit would help explore opportunities in KP in this regard.

Given high interest for investment in different sectors, the departments would hold workshop for the company to discuss investment prospects, opportunities and fine tune programmes.

The provincial finance minister said that there is an investment-friendly environment for investors to capitalize on vast opportunities in various sectors of the province.

(APP)