A meeting of a Chinese delegation led by Dr Ishak Ding Hou Fei, Chairman of the Council on Islamic - Chinese relations was hosted by Khyber Pakhtunkhwa Economic Zones Development & Management Company, KPEZDMC at Pearl Continental, Peshawar. The 35 member delegation represented investors from leading Chinese companies. The main purpose of their visit was to have first-hand information of investment prospects in Khyber Pakhtunkhwa, regarding the China Pakistan Economic Corridor projects in the province.
The investors mainly showed interest in business prospects related to trade, steel structure, infrastructure, industrial park, establishment of training institutes etc. During the meeting the Chinese delegation and representatives of KPEZDMC discussed the projects that the Chinese companies and the Company could jointly work on. Few of the projects and the project areas the Chinese investors were interested in were initiation of fast train projects in the province, green-environment friendly industrial parks, developing the industrial hubs and establishing industrial units of automobile, home appliances and furniture.
Unique projects under discussion were aluminum manufacturing plants and optimization of the existing agricultural products in the province. The Chinese investors of The Council on Islamic-Chinese Relations also mentioned the Silk Road Institute under construction in Islamabad under which vocational trainings in various areas, specifically in gem stones would be provided.
Mohsin Syed, CEO Khyber Pakhtunkhwa Economic Zones Development & Management Company, KPEZDMC while addressing the Chinese Delegation said that the initiation of China Pakistan Economic Corridor (CPEC) in the area is a wonderful opportunity for both the countries to maximize the trade activities and work towards the economic stability.
Taking the full benefits of the economic corridor the Government of KP established KPEZDMC, prime objectives of which are the promotion of planned and rapid industrialization in the province. One window operations specially designed by KPEZDMC will facilitate the industries by solving all the issues related to getting an NOC, providing uninterrupted power supply, trainings to skilled and unskilled labor, and availability of all amenities. KPEZDMC is looking forward to jointly work on the projects discussed with the Chinese delegation in the meeting, create employment opportunities for the youth of the province and ultimately contribute to the GDP of the country.
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