Small and Medium Enterprises (SMEDA) Chief Executive Officer Sher Ayub Khan on Thursday said keeping in view the importance of China-Pakistan Economic Corridor (CPEC), SMEDA had prepared a detailed report highlighting the avenues of investment by China and Pakistan.

The CPEC would open new vistas of development, prosperity and industrial growth in Pakistan and it will be much supportive in increasing exports to China to manifolds, he added.

Talking to APP at Sports Industries Development Centre (SIDC), he said that SMEDA in its report had identified sectors in which business related investments could be made by Chinese businesses.

He revealed that a total of 13 sectors had been identified for investment and development and these sectors had also been addressed in the SMEDA SME Development Plan which was a part of Pakistan Vision 2025.

The priority sectors are logistic, ICT and allied services, gems and jewellery, horticulture, construction, fisheries, energy, dairy and livestock, engineering, mineral, leather, tourism, textile made ups and apparel, he disclosed – APP/AFP