AGL 40.00 Decreased By ▼ -0.03 (-0.07%)
AIRLINK 128.15 Increased By ▲ 0.45 (0.35%)
BOP 6.68 Increased By ▲ 0.07 (1.06%)
CNERGY 4.51 Decreased By ▼ -0.09 (-1.96%)
DCL 9.15 Increased By ▲ 0.36 (4.1%)
DFML 41.80 Increased By ▲ 0.22 (0.53%)
DGKC 87.50 Increased By ▲ 1.71 (1.99%)
FCCL 32.68 Increased By ▲ 0.19 (0.58%)
FFBL 64.50 Increased By ▲ 0.47 (0.73%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 111.50 Increased By ▲ 0.73 (0.66%)
HUMNL 14.75 Decreased By ▼ -0.32 (-2.12%)
KEL 5.06 Increased By ▲ 0.18 (3.69%)
KOSM 7.43 Decreased By ▼ -0.02 (-0.27%)
MLCF 41.04 Increased By ▲ 0.52 (1.28%)
NBP 61.30 Increased By ▲ 0.25 (0.41%)
OGDC 195.57 Increased By ▲ 0.70 (0.36%)
PAEL 27.75 Increased By ▲ 0.24 (0.87%)
PIBTL 7.77 Decreased By ▼ -0.04 (-0.51%)
PPL 153.01 Increased By ▲ 0.48 (0.31%)
PRL 26.57 Decreased By ▼ -0.01 (-0.04%)
PTC 16.20 Decreased By ▼ -0.06 (-0.37%)
SEARL 84.27 Increased By ▲ 0.13 (0.15%)
TELE 7.91 Decreased By ▼ -0.05 (-0.63%)
TOMCL 36.68 Increased By ▲ 0.08 (0.22%)
TPLP 8.88 Increased By ▲ 0.22 (2.54%)
TREET 17.11 Decreased By ▼ -0.55 (-3.11%)
TRG 57.44 Decreased By ▼ -1.18 (-2.01%)
UNITY 27.00 Increased By ▲ 0.14 (0.52%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,000 No Change 0 (0%)
BR30 31,002 No Change 0 (0%)
KSE100 94,871 Increased By 679.4 (0.72%)
KSE30 29,467 Increased By 265.6 (0.91%)

Prime Minister's Office (PMO) has reportedly approved four Chinese Ministers/businesspersons for meeting with Prime Minister Imran Khan during his visit to China starting from November 2, 2018, sources close to Secretary Foreign Affairs told Business Recorder.
In addition to meetings with the top leadership of China, PMO has approved the following names for meeting with the PM: (i) Chen Fenjian, Chairman Railways Construc-tion Corporation (CRCC) Limited; (ii) Chen Siqing, Chairman Bank of China; (iii) Li Yong Cheng, Chairman and Executive Director, Beijing; and (iv) Jin Liqun, President Asian Infrastructure Investment Bank (AIIB).
The Mission and Pakistan Consulates in Shanghai and Hong Kong and other Ministries have also received following requests for meetings with the Prime Minister in Beijing: Chairman and Executive Director, Beijing Enterprises Water Group Limited (BEWG), Li Yong Cheng, Chairman Power Construction Corporation of China (PowerChina), Yan Zhiyong, Rotating CEO, Huawei Technologies Pakistan (Pvt.) Ltd, leadership, ZNIG Digicomm (Pvt.) Limited ( YTO Express), Chairman Shanghai Electric and Global (China) Mining, CEO United Energy Group Ltd( UEG),Zhu Junfeng Chairman and Executive Director, Shimao Property, Hui Wing Mao, President ZONERGY, Guo Jun, Ali Baba Group Jack Ma and CEO CITIC Securities.
Ministry of Foreign Affairs has urged the PMO to give consideration to five requests, adding that Jack Ma is not available for a meeting during this time in Beijing but would be available in Shanghai. In addition to Prime Minister, Minister for Foreign Affairs, Shah Mehmood Qureshi, Minister for Finance, Asad Umar, Minister for Planning, Development and Reforms, Makhdoom Khusro Bakhtiar, Minister for Power, Omar Ayub, Minister for Railways, Sheikh Rashid and Prime Minister's Advisor on Commerce, Textile, Industries and Production and Investment are expected to be part of the official delegation.
The main agenda of Prime Minister's visit is concessional loan of about $ 3 billion, unilateral concessions on 150 items, investment in housing sector to the tune of $ 4 billion per annum, investment in transmission line, hydropower projects and relocation of Chinese industry in Special Economic Zones being established alongside CPEC.
Unconfirmed reports suggest that the visiting Ministers will also take office bearers of different Associations/Chambers, as part of the Prime Minister's entourage. The Minster for Maritime, Ali Zaidi has shared the list of the delegation that would be part of the entourage.
China Gezhouba Group Company Limited (CGGC), a central state-owned enterprise in China, specializes in energy and infrastructure construction and development and has been engaged in many activities in the infrastructure field of Pakistan since 2005. With the support of government of Pakistan, CGGC has implemented several mega projects over the past decades for example Neelum-Jhelum Hydropower Station project is fully operational this year, E35 Expressway is delivered, Sukki Kinari Hydropower station project carried in full swing, Dasu Hydropower project commenced last year and Azad Pattan hydropower station projected is expected to commence soon.
According to the firm, it is delighted to learnt that Prime Minister, Imran Khan is visiting China in November which is his first visit to China since he took office. As a leading Chinese state-owned company in Pakistan, CGGC, engaged in China Pakistan Economic Corridor (CPEC) is confident to do more to further strengthen and deepen cooperation with its counter partners in Pakistan.
The company's top brass has requested for time for a meeting with the Prime Minister during his visit to China to share its projects' status and future plans for Pakistan along with availability of resources from the CGGC.

Copyright Business Recorder, 2018

Comments

Comments are closed.