January 02, 2024 (MLN): The one-window investment facilitation arrangement under the Special Investment Facilitation Council (SIFC) is swiftly addressing the issues in investor facilitation and implementation at various tiers of the government, the Caretaker Federal Minister for Privatization, Fawad Hasan stated during a meeting on Monday.
According to a press release issued on the same day, the caretaker minister made these remarks during a meeting with a delegation of Chinese Companies and Investors at the Privatization Division.
The Federal Minister appreciated the interest of the Chinese companies and briefed them regarding investment opportunities in Pakistan.
He observed that the true potential of the partnership between the two countries in trade and investment is not being realized.
Pakistan can be a very suitable country for relocation of industry from China given the availability of both skilled and unskilled labor, basic raw materials for a wide range of industries as well a fast-growing local market.
The minister articulated that investing in the renewable energy sector and EV manufacturing can be of good interest to Chinese investors.
