Asad emphasises need for joint ventures in SEZs

ISLAMABAD: Minister for Planning and Development Asad Umar has emphasised the need for joint ventures between investors of Pakistan and China in the Special Economic Zones (SEZs) being established under the China-Pakistan Economic Corridor.

He was talking to Ambassador of China to Pakistan Nong Rong who called on him in Islamabad on Friday.

Matters related to bilateral relations and projects under CPEC and the upcoming Joint Coordination Committee meeting came under discussion.

While discussing the progress of CPEC projects it was noted that work on Allama Iqbal Special Economic Zone in Faisalabad and Rashakai SEZ is progressing smoothly and a large number of investors have shown interest in investments in these economic zones.

The planning minister said that maximum facilities would be provided to the foreign investors.

The ambassador said that the Chinese side would continue to actively encourage investors to benefit from investment opportunities in these zones.

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