Industrial Relocation Agreed from China Companies to Pakistan
Minister for Planning and Development Asad Umar told the Parliamentary Committee on the China-Pakistan Economic Corridor (CPEC) in Islamabad on the Chinese industries agreement to relocate to Pakistan.
Mr. Asad Umar provided information on the invited investors during the recent trip to China by Prime Minister (PM) Imran Khan. Industrialists and inventors were educated on the investment prospects Pakistani industries present. Particularly in the textile, shoe, pharmaceutical, and IT industries.
According to the news source, the minister disclosed that Chinese companies intend to construct a metal and paper recycling facility in Gwadar as well as a Special Economic Zone (SEZ) along the Lahore-Kasur Road. Additionally, the expansion of the cotton and dairy industries will be pursued.
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