Pak best investment destination for technology sector: Qureshi

Chinese tech companies must explore investment opportunities in Pakistan: Foreign Minister

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ISLAMABAD/LAHORE
President of Middle East Region of Charles Yang called on Foreign Minister Shah Mehmood Qureshi here in Islamabad on Friday. They exchanged views on matters of mutual interest, including investment opportunities in Pakistan. Speaking on the occasion, Huawei Technologies president said that his company was going to make substantial increase in the investment volume in Pakistan, which would create economic opportunities in the country. Shah Mehmood Qureshi said, Pakistan offers best investment opportunities in technology sector. He said several international companies, including Huawei, were doing profitable business in Pakistan by taking advantage of business friendly policies of the government. Earlier on April 9, then federal minister for information Chaudhry Fawad had said that Pakistan was an important country in Asia for investment in the field of technology. He had stated this while speaking to Senior Vice President of ZTE and head of its Asia Business Zhonghua Mei, who had called on him in Islamabad. The company’s chief executive officer in Pakistan Mao Zhixia and other officials were also present during the meeting. Meanwhile, China’s Ambassador to Pakistan Yao Jing announced to open an embassy branch in Lahore for the issuance of Chinese visa from next month. The announcement came as the Chinese ambassador called on Punjab Governor Chaudhry Sarwar and Chief Minister Usman Buzdar at their respective offices to discuss promotion of Pak-China relations, CPEC-related projects and expansion of bilateral cooperation in different sectors. During the meeting, Sarwar told the envoy that investment, from different countries around the world, was coming to which shows that the South Asian has achieved political stability. He added that Pakistan was also putting an effort to attract Chinese investors. The Chinese ambassador said there existed a well-structured harmony between the ties of Pakistan and China. Those who conspire against the friendship of Pakistan and China are our enemies, the governor said. On the other hand, during the CM-ambassador meeting, Ambassador Jing shared the plan of opening an embassy’s branch in Lahore for the issuance of Chinese visa. He said Pakistani citizens would be facilitated in the issuance of Chinese visa as the branch would be made functional next month. President of Middle East Region of Charles Yang called on FM Shah Mehmood Qureshi, Islamabad on Friday. Photo: VoM

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