A Chinese language enterprise delegation has met with President Asif Ali Zardari right here and expressed curiosity in investing USD 1 billion to determine a medical metropolis in Pakistan, in line with a media report.
Pakistan has held sturdy bilateral relations with China which has supported it by way of many investments and improvement initiatives such because the China-Pakistan Financial Hall undertaking which was termed a “lifeline” for the nation’s economic system.
The delegation of Chinese language buyers throughout a gathering with Zardari on Thursday outlined their plans to speculate USD 1 billion into creating the medical metropolis in Karachi’s Dhabeji Financial Zone which is outdoors Pakistan’s largest metropolis and monetary hub.
The medical metropolis could be Pakistan’s first totally built-in pharmaceutical and medical ecosystem.
Korangi Affiliation of Commerce and Business (KATI) which is tasked with the working of the Dhabeji Financial Zone mentioned in an announcement that the pledge by the Chinese language buyers is an instance of the rising financial ties between the 2 international locations.
The assembly which was additionally attended by Sindh Chief Minister, Syed Murad Ali Shah and the Chinese language Consul Normal was held after profitable negotiations between the Sindh authorities and the conglomerate of Chinese language buyers.
President Zardari, in line with the assertion, highlighted the significance of fostering deeper financial and commerce cooperation between Pakistan and China.
The assertion mentioned that the Chinese language delegation additionally confirmed curiosity not solely within the well being sector but additionally in a number of different key areas, together with agriculture, livestock, power, transport, and manufacturing.
The President additionally informed the federal government is dedicated to facilitate and supply cooperation to Chinese language investments in Pakistan.
“We welcome Chinese language buyers and are decided to offer them with each attainable help,” he added.
The Sindh Chief Minister additionally informed the buyers that the federal government had launched Chinese language language programs within the province to take away language obstacles and improve cultural ties between the 2 international locations.
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